England James Herbert 4
Research Summary
AI-generated summary
FuelCell Energy (FCEL) Director James H. England Receives 17,424 Deferred Shares
What Happened
- James H. England, a director of FuelCell Energy, was awarded 17,424 deferred common stock units on April 8, 2026. The units are recorded at $0.00 (no cash paid) and treated as derivative awards rather than an open-market purchase or sale.
Key Details
- Transaction date and price: April 8, 2026; 17,424 units granted at $0.00 each (derivative award).
- Filing date: Form 4 filed April 10, 2026 — appears to be timely (within two business days of the transaction).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Units were issued under the FuelCell Energy, Inc. Directors Deferred Compensation Plan. The common stock underlying the units is payable one-for-one (one share per unit) upon the reporting person’s separation from service as a director.
Context
- This is a compensation award (deferred stock units) rather than a market purchase or sale. The units typically convert to actual shares only when the director leaves the board, so this award does not represent immediate sale or additional voting stock in the market. Such grants are routine director compensation and do not by themselves signal a buy/sell decision.