von Heynitz Harald 4
Research Summary
AI-generated summary
Fluence (FLNC) Director Harald von Heynitz Receives RSU Award
What Happened
Harald von Heynitz, a member of the Fluence Energy (FLNC) board of directors, was granted 10,658 restricted stock units (RSUs) on March 12, 2026. The RSUs are reported at $0.00 (no purchase price) and are recorded as a derivative award (Form 4 transaction code A). This is a compensation award for service rather than an open‑market purchase or sale, so it does not represent an immediate cash investment or disposition.
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (timely filed within the two-business-day window).
- Grant: 10,658 RSUs at $0.00 (derivative award). No dollar value of the grant was reported on the Form 4.
- Vesting: RSUs vest in full on March 12, 2027, subject to continued service on the board; RSUs have no expiration date (see footnotes F1–F2).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1—Each RSU equals a contingent right to one share of Class A common stock. F2—Full vesting on 3/12/2027 contingent on continued board service; no expiration.
- No sale, exercise, or tax‑withholding disposition was reported in this transaction.
Context
RSU awards are a common form of director compensation and convert into actual shares only upon vesting/settlement. Because this was an award (not a purchase or sale), it doesn't signal an immediate change in market exposure by the insider; it represents future potential equity compensation if service conditions are met.