Form 4: Eos Energy Enterprises Director Russell Stidolph Reports Transactions in Company Stock

Director Russell Stidolph reports acquisition and disposal of Eos Energy Enterprises stock, including transactions involving restricted stock units and shares held indirectly through AltEnergy entities.

Summary

• On April 30, 2024, Russell Stidolph, a director of Eos Energy Enterprises, reported transactions involving the company's common stock.
• These transactions included the acquisition of 32,328 shares of common stock through the conversion of restricted stock units at a price of $0.
• Stidolph also reported indirect beneficial ownership of 2,653,272 shares held by AltEnergy I, AltEnergy II, AltEnergy V, AltEnergy VI, Bridge, Transmission, and Bridge II, where he serves as managing director.
• Stidolph disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• A power of attorney was executed, appointing Michael Silberman, Sumeet Puri, and Nathan Kroeker as attorneys-in-fact to handle SEC filings on Stidolph's behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors regarding ownership changes.

Stakeholder Impact

• Shareholders are informed about changes in beneficial ownership by a company director.

Key Dates