Hansen Cynthia L 4
Research Summary
AI-generated summary
FuelCell Energy Director Cynthia Hansen Receives 2,657 Shares
What Happened
- Cynthia L. Hansen, a director of FuelCell Energy, was granted 2,657 deferred common stock units on April 15, 2026 as director compensation. The award is reported as a derivative acquisition (code A) at $0.00 per unit—no cash changed hands in this grant.
Key Details
- Transaction date: April 15, 2026 (reported on Form 4 filed April 17, 2026 — filed timely).
- Transaction type/code: Grant/Award (A); derivative common stock units issued.
- Shares/units granted: 2,657 deferred common stock units; price reported $0.00.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The units represent director retainer and committee fees paid in stock under the FuelCell Energy Director Compensation Program. Units are deferred under the Directors Deferred Compensation Plan; each unit converts to one share of common stock and will be payable on a one-for-one basis upon the director’s separation from service.
Context
- This is a compensation-related award, not an open-market purchase or sale, and therefore is a routine form of director pay rather than a direct market sentiment signal. The units are deferred equity (derivative form) that convert to common shares upon separation from board service.