von Althann Natica 4

What Happened Natica von Althann, a director of FuelCell Energy, reported that 23,859 restricted stock units (RSUs) vested on April 21, 2026 and were converted/settled into 23,859 shares of common stock. The Form 4 records the conversion as an exercise/conversion of a derivative (transaction code M) at $0.00 per share — meaning no cash was paid by the insider in connection with the conversion.

Key Details

• Transaction date: 2026-04-21 (reported on Form 4 filed 2026-04-22 — timely filing).
• Shares acquired: 23,859 common shares; reported acquisition price $0.00.
• Matching derivative entry: 23,859 shares shown as a derivative conversion/disposition (also $0.00) reflecting the RSU settlement.
• Shares owned after transaction: not specified in the provided filing details.
• Relevant footnotes:
  • F1: RSUs converted into common stock on a one-for-one basis.
  • F2: Counts reflect the 1-for-30 reverse stock split effected Nov 8, 2024.
  • F3: The RSUs vested on Apr 21, 2026 and were settled in shares.
• Transaction code meaning: M = exercise or conversion of derivative security (here, RSU conversion).

Context This was an award settlement (vested RSUs converted into shares), not an open-market purchase or sale — it does not signal an insider buying or selling stock for cash. Such vesting/settlement events are common compensation-related transactions and are typically routine.