WELLMAN ALEXI 4

What Happened Alexi Wellman, a director of ESS Tech, was granted 13,513 restricted stock units (RSUs) on May 29, 2026. The Form 4 reports an acquisition (award) at $0.00 per unit (total reported value $0). This was an equity award as part of compensation, not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-05-29 — Grant/Award (Form 4 transaction code A). Reported price: $0.00.
• Amount: 13,513 RSUs (each RSU represents a contingent right to one share of common stock).
• Vesting/settlement: RSUs vest on the earlier of (i) May 29, 2027 or (ii) the day prior to the next annual meeting of stockholders. The reporting person elected to defer settlement to within 30 days of separation of service or a qualifying change of control (per Section 409A).
• Shares owned after transaction: Not disclosed in the filing.
• Filing/timeliness: Filing date June 2, 2026. This appears timely (within the typical two business-day Form 4 reporting window).

Context RSUs are a form of compensation that convert to shares only upon vesting/settlement; no cash was paid and no shares were sold. Such grants reflect company compensation practices rather than immediate insider buying or selling.