Form 4: FuelCell Energy Director Acquires Deferred Common Stock Units

Director Tyrone Michael Jordan acquired 23,859 deferred common stock units of FuelCell Energy, Inc. under the Directors Deferred Compensation Plan.

Summary

• On April 21, 2025, Tyrone Michael Jordan, a director of FuelCell Energy, Inc. (FCEL), acquired 23,859 deferred common stock units.
• These units were issued under the FuelCell Energy, Inc. Directors Deferred Compensation Plan.
• Each unit represents the right to receive one share of common stock upon separation from service as a director.
• Following this transaction, Jordan directly owns 27,983 derivative securities.
• The reported figures reflect a 1-for-30 reverse stock split that FuelCell Energy implemented on November 8, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The shares of common stock underlying the common stock units are payable to the reporting person, on a one-for-one basis (i.e., one share of common stock for each common stock unit), upon separation from service as a director.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, and doesn't necessarily reflect broader industry trends. However, it provides insight into the compensation structure at FuelCell Energy.

Related Party Transactions

• The acquisition of deferred common stock units by the director under the FuelCell Energy, Inc. Directors Deferred Compensation Plan constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency regarding director compensation.

Key Dates

Keywords

FuelCell Energy, FCEL, Director, Deferred Common Stock Units, Form 4, Compensation Plan, Reverse Stock Split