Bingham Betsy B 4
Research Summary
AI-generated summary
FuelCell Energy (FCEL) Director Betsy B. Bingham Receives Award
What Happened
- Betsy B. Bingham, a director of FuelCell Energy, received an award of 17,424 deferred common stock units (derivative securities) on 2026-04-08. The units were reported at $0.00 each in the Form 4 (code A — grant/award), so the filing records no immediate cash outlay or reported dollar value.
Key Details
- Transaction date: April 8, 2026; Form 4 filed April 10, 2026 (within the typical 2-business-day reporting window).
- Security: Deferred common stock units (derivative), 17,424 units, reported price $0.00.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Units were issued under the FuelCell Energy, Inc. Directors Deferred Compensation Plan; the units convert to common stock on a one-for-one basis (one share per unit) upon the director's separation from service.
- Filing timeliness: Reported two days after the transaction — appears timely.
Context
- These are deferred compensation units, not immediate share purchases. They represent a future right to receive shares (one-for-one upon separation) rather than an outright purchase or sale today.
- Awards to directors are common as compensation and do not necessarily signal the director buying or selling stock for investment reasons.