Silberman Michael W 4
Accession 0001628280-26-003307
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:34 PM ET
Size
9.3 KB
Accession
0001628280-26-003307
Research Summary
AI-generated summary of this filing
Eos Energy (EOSE) CLO Michael Silberman Sells 41,667 Shares
What Happened
Michael W. Silberman, Chief Legal Officer of Eos Energy Enterprises (EOSE), had 83,334 restricted stock units (RSUs) convert into common shares on 2026-01-22 and sold 41,667 of those shares in an open-market transaction on 2026-01-23. The sale was at a weighted average price of $17.74, generating approximately $739,173 in proceeds. The RSUs converted at $0.00 per share (reported as derivative exercise/conversion, code M).
Key Details
- Transaction dates: RSU conversion/exercise 2026-01-22; open-market sale 2026-01-23.
- Sale: 41,667 shares disposed at a weighted avg price of $17.74; total proceeds ~$739,173. Reported sale price range: $17.27–$18.26.
- Conversion: 83,334 RSUs converted to common stock on 2026-01-22 (reported as acquired at $0.00).
- Purpose/plan: Sales were executed automatically under a Rule 10b5-1 trading plan adopted 2025-09-15 to cover estimated tax withholding related to RSU vesting (footnote F1).
- RSU details: Each RSU equals one contingent share; the grant vests in three equal installments (footnotes F3–F4).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Form 4 filed 2026-01-23 for transactions occurring 2026-01-22/23 — appears timely (no late filing flag).
Context
This was a routine post-vesting conversion of RSUs with a partial automatic sale to satisfy tax withholding via a pre-established 10b5-1 plan. The filing shows a sale (liquidity/tax event) rather than an open-market purchase; such sales are common after equity awards vest and do not by themselves indicate insider sentiment about the company’s outlook.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-01-22+83,334→ 324,946 total - Sale
Common Stock
[F1][F2]2026-01-23$17.74/sh−41,667$739,173→ 283,279 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-01-22−83,334→ 83,333 total→ Common Stock (83,334 underlying)
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2025 to cover estimated tax withholding obligations in connection with the vesting of restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.27 to $18.26, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, which will vest in three equal installments on each of the first three anniversaries of the grant date, subject to continued service through each vesting date.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- [F5]Not applicable.
Signature
Documents
Issuer
Eos Energy Enterprises, Inc.
CIK 0001805077
Related Parties
1- filerCIK 0001813990
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:34 PM ET
- Size
- 9.3 KB