Form 4: ESS Tech CFO Sells Shares for Tax Obligations
Insider Transaction Report
ESS Tech's Chief Financial Officer, Kate Suhadolnik, sold 741 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Kate Eileen Suhadolnik, Chief Financial Officer of ESS Tech, Inc. (GWH), reported a transaction involving the company's common stock.
- On February 20, 2026, Ms. Suhadolnik sold 741 shares of common stock at a price of $1.54 per share.
- The sale was conducted to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following this transaction, Ms. Suhadolnik beneficially owns 164,414 shares of common stock, a portion of which are RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this transaction as neutral. It is a standard, pre-planned sale to cover tax obligations related to RSU vesting, which is a common occurrence for executives and does not indicate a change in company fundamentals or management sentiment.
Management Comments
- The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
Industry Context
StockSavvy.ai notes that this is a routine insider transaction, common for executives whose compensation includes equity awards. Such sales are typically pre-planned under Rule 10b5-1 plans to manage tax liabilities upon RSU vesting and generally do not reflect a change in management's outlook on the company's prospects or broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Date of common stock transaction (sale). |
| 02/26/2026 | Date the Form 4 was signed and filed. |
Keywords
ESS Tech, GWH, Insider Transaction, Form 4, Stock Sale, CFO, Restricted Stock Units, Tax Withholding
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