Cummings William E JR 4

What Happened William E. Cummings Jr., Senior Vice President, Sales at Fuel Tech, Inc. (FTEK), was granted 6,250 restricted stock units (RSUs) on March 24, 2026. The award is reported as a derivative grant (price reported $0.00) — RSUs are a contingent right to receive common shares if and when they vest. This was a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-24; grant type: Award/Grant (derivative); price reported: $0.00.
• Amount granted: 6,250 Restricted Stock Units (each RSU represents a right to one FTEK common share upon vesting).
• Vesting: RSUs vest in three equal installments — 1/3 at 1 year, 1/3 at 2 years, 1/3 at 3 years after the grant date (see filing footnote). Shares are generally delivered as soon as practicable after each vesting date unless the holder elects deferral.
• Shares owned following the transaction: not specified in the provided filing summary.
• Filing date: 2026-03-27 (reporting period 2026-03-24). The filing shows the grant; it does not indicate any sales or tax-withholding at grant.

Context RSU grants are a common form of executive compensation and represent potential future equity rather than immediate share ownership. They do not necessarily indicate the insider's intent to buy or sell stock; their primary purpose is typically retention and alignment with shareholder interests as the units vest over time.