Goodman Kelly F. 4

What Happened

• Kelly F. Goodman, Chief Strategy Officer and General Counsel of ESS Tech (ticker GWH), was granted a total of 275,000 restricted stock units (RSUs) on Feb 13, 2026. The filing shows two award entries of 137,500 RSUs each (one reported as a derivative), each acquired at $0.00 (reported acquisition value $0). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: Feb 13, 2026; reported on Form 4 filed Feb 26, 2026 (13 days after the grant).
• Price: $0.00 per RSU (award/grant).
• Total RSUs reported: 275,000 (137,500 + 137,500, one entry listed as derivative).
• Vesting: 1/16th of the RSUs vest on May 20, 2026 and 1/16th vest quarterly thereafter, subject to continued service (per filing footnotes).
• RSU mechanics: Each RSU represents a contingent right to one share of common stock when vested.
• Shares owned after the transaction: not specified in this Form 4.
• Timeliness: The Form 4 was filed 13 days after the grant; Form 4s are typically due within two business days of the transaction, so this filing appears late.

Context

• This was an equity compensation grant (RSUs) to an executive; such awards are routine for employee compensation and do not represent an open-market purchase or sale by the insider.
• The derivative entry reflects contingent rights tied to future vesting rather than an exercised option or immediate share transfer; vested RSUs convert to actual shares only when vesting conditions are met.