Albrecht Ellen T 4
Research Summary
AI-generated summary
FUEL TECH CFO Ellen Albrecht Receives 8,350 RSUs
What Happened
Ellen T. Albrecht, Chief Financial Officer of FUEL TECH, INC. (FTEK), was granted 8,350 Restricted Stock Units (RSUs) on 2026-03-24. The grant is reported as an acquisition at $0.00 (transaction code A), meaning no cash was exchanged—this is a compensation award, not an open-market purchase or sale. RSUs are derivative awards that convert to common shares only when they vest and are distributed.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-27.
- Transaction type/code: Award/Grant (A). Acquisition price shown: $0.00.
- Amount: 8,350 Restricted Stock Units (each RSU represents a contingent right to one share).
- Vesting schedule: RSUs vest in three installments — one-third on each of the 1st, 2nd and 3rd anniversaries of the grant (per the RSU Award Agreement). Shares are delivered after each vesting date unless the holder elects deferral.
- Shares owned after the grant: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed three days after the transaction date; the filing itself does not flag a late filing in the provided data.
- Notes: Distribution restrictions and delivery timing are governed by the registrant's RSU Award Agreement.
Context
RSU grants are common executive compensation used for retention and alignment with shareholders; they do not represent an immediate purchase or sale and so are less indicative of short-term insider sentiment. Future vesting will result in issuance of shares (potential dilution) if and when the RSUs convert to common stock.