Urban David 4
Research Summary
AI-generated summary
Eos Energy (EOSE) Director David Urban Converts 23,111 RSUs
What Happened
David Urban, a director of Eos Energy Enterprises, converted 23,111 restricted stock units (RSUs) into 23,111 shares of common stock on May 19, 2026. The filing records the acquisition of 23,111 shares at $0.00 (conversion of derivative) and a simultaneous disposition of 23,111 derivative units; no cash was paid or received in the transaction.
Key Details
- Transaction date: 2026-05-19. Transaction code: M (exercise or conversion of a derivative security).
- Quantity converted/received: 23,111 shares; reported price: $0.00; total cash value reported: $0.
- The filing also shows a simultaneous disposition of 23,111 derivative securities (reflecting the conversion).
- Shares owned after the transaction: not specified in this filing.
- Footnotes: F1 — each RSU represents a contingent right to receive one share of common stock; F2 — not applicable.
- Filing timeliness: period of report equals filing date (timely filing).
Context
This was a conversion of RSUs into common shares (an administrative, non‑market transaction), not an open‑market purchase or sale. Converting RSUs into shares typically reflects vesting/settlement of prior equity awards rather than a new investment decision; the filing shows no immediate sale of the underlying shares. Transaction code M denotes exercise/conversion of a derivative security.