Fluence Energy, Inc.·4

Mar 19, 4:04 PM ET

Fessenden Elizabeth Anne 4

Research Summary

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Fluence (FLNC) Director Elizabeth Fessenden Receives 32,348 Shares

What Happened

  • Elizabeth Anne Fessenden, a director of Fluence Energy, had 32,348 restricted stock units (RSUs) vest on March 17, 2026 and those RSUs were converted into 32,348 shares of Class A common stock. The Form 4 records an acquisition of 32,348 shares and a corresponding derivative disposition of 32,348 units at $0.00 — reflecting conversion of the RSUs rather than a cash sale or open-market trade.

Key Details

  • Transaction date: March 17, 2026; Form 4 filed March 19, 2026 (generally within the 2-business-day reporting window).
  • Reported entries: Acquired 32,348 shares (derivative exercise/conversion, code M); Disposed 32,348 derivative units at $0.00.
  • Price/value: No cash consideration reported; conversion recorded at $0.00 (typical for vested RSU-to-share conversion).
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes: F1 — each RSU equals a contingent right to one share. F2 — the RSUs vested in full on March 17, 2026 and had no expiration date.

Context

  • This transaction reflects RSU vesting and conversion to common stock (an award vesting), not an open-market purchase or sale. Such conversions increase the insider’s share count but do not by themselves indicate buying or selling intent.