Schreiber Amanda Justine 4

What Happened

• Amanda Justine Schreiber, Executive Vice President, General Counsel and Corporate Secretary of FuelCell Energy (FCEL), received equity awards on January 23, 2026: 49,277 restricted stock units (RSUs) and 49,277 performance share units (PSUs). Both grants are reported as awards (code A) with $0.00 acquisition price (derivative awards).

Key Details

• Transaction date: January 23, 2026; filing date: January 27, 2026 (filed within required two business days).
• Award amounts: 49,277 RSUs and 49,277 PSUs; acquisition price reported as $0.00.
• Shares owned after transaction: Not specified in the Form 4.
• Notable footnotes:
  • RSUs (F1/F2): Each RSU is a contingent right to one share (or cash equivalent); RSUs vest one-third on each of the first, second and third anniversaries of the grant, subject to continued employment.
  • PSUs (F3/F4): Each PSU is a contingent right to one share (or cash equivalent); PSUs are performance-based tied to total shareholder return (TSR) over multi-year periods (FY2026, FY2026–27, FY2026–28). The reported 49,277 is the target amount; actual payout may be 0–235% of target based on TSR, subject to continued employment until the third anniversary.
• Transaction code: A = Award/Grant; these are derivative equity awards, not open-market purchases or sales.

Context

• These awards are standard compensation grants and do not represent an open-market purchase or sale. RSUs vest over time with continued employment; PSUs depend on future performance metrics (TSR) and may pay out fewer or more shares than the target.
• No indication of tax withholding, 10b5-1 trading plan, or late filing in the Form 4.