Arnold Cynthia A 4
Research Summary
AI-generated summary
Fluence (FLNC) Director Cynthia Arnold Receives 32,348 RSUs
What Happened
- Cynthia A. Arnold, a director of Fluence Energy (FLNC), had 32,348 restricted stock units (RSUs) vest on March 17, 2026. The RSUs converted into 32,348 shares of Class A common stock (reported as an exercise/conversion of a derivative).
- On the same date, 32,348 shares were reported disposed at $0.00 (derivative), consistent with shares being withheld or otherwise used to satisfy tax withholding obligations rather than an open-market sale. No cash proceeds were reported.
Key Details
- Transaction date: March 17, 2026; Form 4 filed March 19, 2026 (filed within the typical 2-business-day window).
- Acquired: 32,348 shares via conversion of RSUs (price N/A). Disposed: 32,348 shares at $0.00 (derivative).
- 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.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: not marked late.
Context
- This was not an open-market purchase or sale for cash; it reflects RSUs vesting and conversion to shares. The zero-dollar disposal is commonly used when shares are withheld or transferred to satisfy tax obligations on vesting, and does not necessarily indicate a sale or change in investment stance.