von Heynitz Harald 4

What Happened

• Harald von Heynitz, a director of Fluence Energy (FLNC), had 32,348 restricted stock units (RSUs) vest on March 17, 2026; those RSUs converted into 32,348 shares (exercise/conversion of a derivative). He sold 10,000 of the shares in an open-market transaction on March 18, 2026 for a total of ~$165,019 (weighted average price $16.50).
• The conversion of the RSUs produced no cash proceeds itself (reported as $0 for the derivative disposition). The sale was executed to cover tax obligations related to the RSU vesting.

Key Details

• Transaction dates: RSU vesting/conversion on 2026-03-17; open-market sale on 2026-03-18; Form 4 filed 2026-03-19 (appears timely).
• Sale details: 10,000 shares sold at a weighted average price of $16.50; execution prices ranged $16.49–$16.56 (multiple trades), total proceeds reported $165,019 (F3).
• Vesting: 32,348 RSUs vested in full on March 17, 2026; each RSU converts to one share (F1, F4).
• Reason for sale: Shares sold to cover tax withholding from RSU vesting (F2). Transaction codes: M = exercise/conversion of derivative; S = sale.
• Shares owned after transaction: The filing does not state total holdings. Based solely on these reported transactions, von Heynitz acquired 32,348 shares and sold 10,000, a net increase of 22,348 shares.

Context

• This is a routine post-vesting tax-withholding sale rather than an independent purchase signal; RSU conversions often trigger partial sales to cover taxes. The conversion itself generated no cash proceeds; only the later open-market sale produced proceeds.