Urban David 4
4 · Eos Energy Enterprises, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Eos Energy (EOSE) Director Urban David Buys 16,250 Shares
What Happened
Urban David, a director of Eos Energy Enterprises, purchased 16,250 shares in open-market transactions on March 9, 2026. The reported weighted-average price was $6.16 per share, for an aggregate purchase value of approximately $100,100. This was a direct purchase (transaction code P), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (appears timely).
- Price: weighted average $6.16 per share; purchase amounts conducted at prices ranging from $6.15 to $6.16 (see footnote).
- Shares acquired: 16,250; total reported cost ≈ $100,100.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: the $6.16 is a weighted-average price; purchases occurred in multiple trades at prices between $6.15 and $6.16. The reporting person offers to provide a breakdown on request.
- No 10b5-1 plan, option exercise, gift, or tax-withholding details were disclosed in the provided information.
Context
This was an open-market purchase by a board director (not an option exercise or award). Purchases by insiders can be interpreted by some investors as a sign of confidence, but filings do not state the insider’s motive. The filing appears timely (filed the next day).
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-09$6.16/sh+16,250$100,100→ 62,471 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.15 to $6.16, inclusive. The Reporting Person undertakes to provide to 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 purchased at each separate price within the range set forth in this footnote.