Form 4: FuelCell Energy Director Betsy B. Bingham Reports Stock Transactions
SEC Form 4 Filing
Director Betsy B. Bingham reports the conversion of restricted stock units into common stock and subsequent adjustments to her holdings in FuelCell Energy.
Summary
- On May 22, 2024, FuelCell Energy Director Betsy B. Bingham converted 48,936 restricted stock units (RSUs) into an equal number of common stock shares.
- This transaction resulted in an adjustment to her holdings, with 61,345 shares disposed of.
- Following the reported transaction, Bingham directly owns 141,117 derivative securities, including RSUs vesting on April 15, 2025, deferred common units payable upon separation from service, and RSUs vested in April 2022 but deferred until separation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Restricted stock units vested |
| 04/2022 | 3,067 RSUs vested but were deferred until separation from service as a director |
| 05/22/2024 | Date of transaction: Conversion of RSUs into common stock |
| 04/15/2025 | 100,877 RSUs vest |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.