Goodman Kelly F. 4

What Happened
Kelly F. Goodman, ESS Tech’s Chief Strategy Officer and General Counsel, sold 2,269 shares on 2026-02-20 at $1.54 per share, totaling about $3,494. According to the filing, the shares were sold to cover tax withholding obligations arising from the vesting of restricted stock units (RSUs), so this was a tax-withholding sale rather than a discretionary market-timing trade.

Key Details

• Transaction date and price: 2026-02-20 — 2,269 shares sold at $1.54 each.
• Total value: Approximately $3,494.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes: Sale made to satisfy tax withholding on vested RSUs; each RSU represents a contingent right to one share.
• Filing timing: Form 4 was filed on 2026-02-26 (six days after the transaction). Form 4s are typically due within 2 business days of the transaction, so investors may note the later filing.

Context
Tax-withholding sales tied to RSU vesting are common and generally reflect routine administrative actions to satisfy tax obligations, not necessarily a signal about the insider’s view of the company. RSUs are awards that convert into shares upon vesting; here a portion vested and some shares were sold to cover the associated taxes.