Garabedian Raffi 4

What Happened
Raffi Garabedian, a director of ESS Tech, Inc. (GWH), was granted 13,513 restricted stock units (RSUs) on May 29, 2026. The award was reported as an acquisition at $0.00 per unit (i.e., an equity grant rather than an open‑market purchase), with no immediate cash price or sale involved.

Key Details

• Transaction date: May 29, 2026; reported on Form 4 filed June 2, 2026.
• Award: 13,513 RSUs, reported at $0.00 per unit (total reported value $0 for acquisition accounting).
• Shares owned after transaction: Not disclosed in this filing.
• Vesting/settlement (per footnote): 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 within 30 days of separation of service or a qualifying change of control (subject to Section 409A rules).
• RSU detail: Each RSU is a contingent right to receive one share of common stock upon settlement.
• Timeliness: Form filed June 2, 2026; the filing date is shown on the form (timeliness classification not indicated in the summary data).

Context
RSU grants are a common form of executive/director compensation and represent a promise to deliver shares in the future if vesting conditions are met; they do not convey current voting rights or freely tradable shares until settled. This transaction is an award (compensation) rather than a purchase or sale, so it should be interpreted as a compensation action rather than a direct bullish or bearish trading signal.