Bornstein Jeffrey S 4
Research Summary
AI-generated summary
Eos Energy (EOSE) Director Jeffrey Bornstein Receives RSU Award
What Happened
Jeffrey S. Bornstein, a director of Eos Energy Enterprises, received a grant of 24,289 restricted stock units (RSUs) on June 5, 2026. The reported transaction is an award (derivative grant) with an acquisition price of $0.00 — RSUs are a contingent right to receive shares or cash and do not represent immediate share purchases.
Key Details
- Transaction date: 2026-06-05; Transaction type: Award/Grant (code A)
- Amount granted: 24,289 RSUs; reported price: $0.00 (derivative grant)
- Each RSU equals a contingent right to one share of common stock (Footnote F1)
- Vesting: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) immediately prior to the next annual shareholders meeting (Footnote F2)
- Settlement: RSUs may settle in cash or common stock (Footnote F2)
- Shares owned after the transaction: not specified in the filing
Context
This is a standard equity compensation award to a director rather than a market purchase or sale; it increases potential future ownership if RSUs vest and are settled in shares. Such grants are common for director compensation and do not by themselves indicate buying or selling sentiment.