Form 4: Siemens Pension Trust Adjusts Fluence Energy Holdings

Siemens Pension Trust reports an internal transfer of 20 million Fluence Energy Class A Common Stock shares, maintaining overall beneficial ownership.

Summary

• Siemens Pension Trust e.V. (SPT) filed a Form 4 for Fluence Energy, Inc. (FLNC) as a Director and 10% Owner.
• The filing reports a transaction on October 14, 2025, involving the acquisition of 20,000,000 shares of Class A Common Stock.
• This transaction was an internal transfer from Siemens AG to SPT Holding, SARL.
• The transfer is exempt from reporting under Rule 16a-13 of the Securities Exchange Act of 1934.
• The transaction does not represent any change to the aggregate number of shares of Fluence Energy Class A Common Stock beneficially owned by Siemens AG and its subsidiaries.
• Following this reported transaction, SPT Holding, SARL directly owns 20,000,000 shares.
• Additionally, SPT Invest Management Sarl directly owns 11,761,131 shares.
• SPT Invest Management Sarl is wholly owned by SPT Holding, SARL, which is wholly owned by Siemens Pension-Trust e.V.
• Siemens AG is an affiliate of Siemens Pension-Trust e.V. and may be deemed to share beneficial ownership of the shares.

Sentiment

Score: 5

Explanation: Neutral, as the filing reports an internal transfer of shares within the Siemens group, not a market transaction or a change in overall beneficial ownership for the group. This is a procedural reporting of an ownership structure adjustment.

Management Comments

• The reported transaction represents shares received in a transfer from Siemens AG to SPT Holding, SARL, which is exempt from reporting under Rule 16a-13.
• This transfer does not represent any change to the aggregate number of shares of Issuer Class A Common Stock beneficially owned by Siemens AG and its subsidiaries.

Industry Context

This filing primarily concerns an internal corporate restructuring and reporting event for Siemens Pension Trust and its affiliates, rather than a direct operational or strategic update for Fluence Energy, Inc. It reflects a change in the internal holding structure of shares by a significant owner, not a market transaction or a shift in overall group ownership.

Related Party Transactions

• Transfer of 20,000,000 Class A Common Stock shares from Siemens AG to SPT Holding, SARL.
• SPT Holding, SARL is wholly owned by Siemens Pension-Trust e.V.
• Siemens AG is an affiliate of Siemens Pension-Trust e.V. and may be deemed to share beneficial ownership.

Stakeholder Impact

• Shareholders: Minimal direct impact as the overall beneficial ownership by the Siemens group in Fluence Energy remains unchanged; this is an internal reallocation of shares.

Key Dates

Keywords

Fluence Energy, FLNC, Siemens Pension Trust, Siemens AG, beneficial ownership, Form 4, insider transaction, equity transfer