Bingham Betsy B 4
Research Summary
AI-generated summary
FuelCell Energy Director Betsy Bingham Receives 17,424-Unit Award
What Happened
- Betsy B. Bingham, a director of FuelCell Energy, was granted 17,424 deferred common stock units on April 8, 2026. The units were reported as acquired at $0.00 (no cash paid) and are derivative awards rather than open‑market purchases.
- These deferred common stock units convert one‑for‑one into common shares upon the reporting person's separation from service as a director per the Directors Deferred Compensation Plan. There was no immediate cash value realized by the director at grant.
Key Details
- Transaction date: 2026-04-08; Form 4 filed 2026-04-10 (filed within the typical 2‑business‑day window).
- Transaction type/code: Award/Grant (derivative units) — reported as A at $0.00 per unit for 17,424 units.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The units are deferred common stock units payable one-for-one in shares upon separation from service under the FuelCell Energy, Inc. Directors Deferred Compensation Plan.
- No 10b5-1 plan, tax withholding, or immediate sale indicated.
Context
- This is a director compensation award (deferred units), not a market purchase or sale; it does not signal an immediate buy or sell of shares. The economic value depends on FuelCell Energy’s future stock price when units are converted to shares upon separation.