Form 4: ESS Tech Interim CEO Reports Stock Disposition for Tax

ESS Tech Interim CEO Kelly Goodman reported a disposition of 4,513 common shares for tax withholding purposes following RSU vesting.

Summary

• Interim CEO Kelly F. Goodman of ESS Tech, Inc. (GWH) reported a transaction on November 20, 2025.
• The transaction involved the disposition of 4,513 shares of Common Stock.
• The shares were withheld by the Issuer upon the vesting of Restricted Stock Units (RSUs) to satisfy tax withholding obligations.
• The price per share for the disposition was $2.4.
• Following this transaction, Kelly F. Goodman beneficially owns 80,622 shares of Common Stock.
• A portion of the beneficially owned securities are RSUs, with each RSU representing a contingent right to receive one share of the Issuer's Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes upon RSU vesting, which is a neutral event for company valuation and does not reflect a voluntary sale or purchase.

Positives

• Vesting of Restricted Stock Units (RSUs) for Interim CEO Kelly F. Goodman, indicating earned compensation.

Negatives

• Disposition of 4,513 shares of common stock by Interim CEO Kelly F. Goodman to cover tax withholding obligations, resulting in a reduction of direct shareholding.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax withholding event following RSU vesting, not a voluntary sale reflecting management sentiment.

Key Dates

Keywords

ESS Tech, GWH, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, RSU Vesting, Kelly F. Goodman