Nijhawan Sandeep 4
4 · ESS Tech, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
ESS Tech (GWH) Director Sandeep Nijhawan Receives Award
What Happened Sandeep Nijhawan, a director of ESS Tech, Inc. (GWH), was granted 13,513 restricted stock units (RSUs) on May 29, 2026. The reported acquisition price is $0.00, meaning there is no immediate cash purchase; the RSUs are a contingent award that converts to shares only upon vesting.
Key Details
- Transaction type and date: Award/Grant (code A) on 2026-05-29; Form 4 filed 2026-06-02 (timely filing).
- Quantity and price: 13,513 RSUs granted at $0.00 (no immediate cash value).
- Vesting/settlement: RSUs vest on the earlier of (i) May 29, 2027 or (ii) the day prior to the next annual meeting of stockholders. The reporting person elected to defer settlement to a date within 30 days of either separation from service or a qualifying change of control (subject to Section 409A rules).
- RSU mechanics: Each RSU represents a contingent right to receive one share of common stock upon settlement.
- Shares owned after transaction: Not specified in the provided filing details.
Context RSU awards are compensation-based grants that only become actual shares if and when vesting conditions are met; they do not represent an immediate cash outlay or sale. This is a routine director equity award and should be viewed as compensation rather than a direct buy/sell signaling immediate market sentiment.
Insider Transaction Report
Form 4
Nijhawan Sandeep
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-29+13,513→ 42,563 total
Footnotes (2)
- [F1]The reported shares are represented by restricted stock units ("RSUs"), which vest on the earlier of (i) May 29, 2027 or (ii) the day prior to the next annual meeting of stockholders. The Reporting Person has elected to defer the settlement of these RSUs to a date within 30 days of the earlier of (i) his separation of service from the Issuer within the meaning of Section 409A of the Internal Revenue Code (Section 409A) or (ii) the date on which a change of control (as defined in the Issuer's plan) occurs, provided that such transaction qualifies as a change of control within the meaning of Section 409A.
- [F2]A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
Signature
/s/ Kate Suhadolnik, by power of attorney|2026-06-02