Fluence Energy, Inc.·4

Mar 16, 4:03 PM ET

Fessenden Elizabeth Anne 4

Research Summary

AI-generated summary

Updated

Fluence (FLNC) Director Elizabeth Fessenden Receives RSU Award

What Happened
Elizabeth Anne Fessenden, a director of Fluence Energy, was granted 10,658 restricted stock units (RSUs) on March 12, 2026. The grant is reported as a derivative award at $0.00 per unit (no cash paid on grant); the Form 4 lists the acquisition as an award rather than a purchase or sale. Under the grant terms, each RSU represents the contingent right to receive one share of Class A common stock upon vesting.

Key Details

  • Transaction date and type: 2026-03-12 — Grant/Award of 10,658 RSUs (code A) at $0.00 per unit.
  • Vesting: RSUs vest in full on March 12, 2027, subject to the reporting person’s continued service on the Board (footnote F2).
  • RSU mechanics: Each RSU converts to one share upon vesting; RSUs have no expiration date (footnote F1 & F2).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Filing timeliness: Form 4 was filed on 2026-03-16 (within the 2-business-day reporting window), so the filing appears timely.
  • Nature of transaction: Compensation award (derivative), not an open-market purchase or sale.

Context
RSU grants to directors are common compensation and do not by themselves indicate buying or selling intent by the insider. These units are contingent on continued service and only convert to actual shares if and when they vest; tax withholding or share issuance details (if any) would be reported when the RSUs vest or are delivered.