Nixon Gregory S. 4
4 · Eos Energy Enterprises, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Eos Energy Director Gregory S. Nixon Receives Award, Sells Shares
What Happened
Gregory S. Nixon, a director of Eos Energy Enterprises, was granted 23,111 restricted stock units (RSUs) that were converted and cash‑settled on May 19, 2026 at $6.88 per unit (≈ $159,026). The Form 4 also reports a disposition to the issuer of 9,244 shares at $6.88 for $63,599. The filing shows the RSUs as exercised/converted (derivative transaction code M) and the award/grant (code A). According to the filing footnote, the RSUs were cash‑settled and no actual shares were issued to, or disposed of by, the reporting person.
Key Details
- Transaction date: May 19, 2026; price per share/unit: $6.88.
- RSUs granted/converted: 23,111 RSUs; cash value ≈ $159,025.68 (23,111 × $6.88).
- Reported disposition: 9,244 shares at $6.88 for $63,599 (per filing).
- Footnotes: F1 explains an RSU equals a contingent right to one share; F2 states these RSUs were cash‑settled and no shares were actually issued or disposed by the reporting person.
- Shares owned after transaction: not disclosed in this filing.
- Filing timeliness: report and period date both May 19, 2026 — no late filing indicated.
Context
This was a cash settlement of RSUs rather than an open‑market sale or purchase of stock. Cash‑settled RSUs (and any reported withholding/disposition entries) are typically administrative/tax events and do not necessarily indicate a director buying or selling shares on the market. As always, these transactions are factual disclosures; they do not by themselves reveal the insider’s investment view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-19+23,111→ 23,111 total - Disposition to Issuer
Common Stock
[F2]2026-05-19$6.88/sh−9,244$63,599→ 13,867 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-19−23,111→ 0 total→ Common Stock (23,111 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- [F2]Represents the cash settlement on May 19, 2026 of RSUs granted on May 19, 2025. Each RSU was settled for $6.88, the closing price per share of common stock of the Company on May 19, 2026. No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
- [F3]Not applicable.