Form 4: FuelCell Energy Executive Joshua Dolger Reports Stock Transactions
SEC Form 4 Filing
Joshua Dolger, General Counsel & Corp Sec of FuelCell Energy, reports the conversion of restricted stock units and shares withheld for tax obligations.
Summary
- On June 26, 2024, Joshua Dolger, General Counsel & Corp Sec of FuelCell Energy, converted 50,565 restricted stock units into common stock.
- Additionally, 18,376 shares were withheld to cover tax obligations related to the vesting of these restricted stock units at a price of $0.6516 per share.
- Following these transactions, Dolger directly owns 54,780 shares of FuelCell Energy common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of 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 common in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding, but the effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| December 10, 2021 | Reporting person was granted restricted stock units. |
| June 25, 2024 | Restricted stock units vested 100%. |
| June 26, 2024 | Conversion of restricted stock units to common stock and tax withholding. |
| June 27, 2024 | Date of signature for the Form 4 filing. |
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