Shankar Achanta - 28 Nov 2025 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Reporting relationship: EVP, Chf. Product &Tech Ofc.
Issuer ticker: FCEL
Reported as of: 28 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Dec 2025, 17:15:26 UTC
Prior SEC filing: 12 May 2025
Next SEC filing: 02 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael S. Bishop, as Power of Attorney

Key filing fact

Shankar Achanta filed Form 4 for FUELCELL ENERGY INC (FCEL) on 01 Dec 2025.

Key facts

This page summarizes Shankar Achanta's Form 4 filing for FUELCELL ENERGY INC (FCEL).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 01 Dec 2025, 17:15.

Change

Previous filing in this sequence was filed on 12 May 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002051411 Primary reporting owner

Achanta Shankar

Relationship: EVP, Chf. Product &Tech Ofc.
Address: C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY
Signature: /s/ Michael S. Bishop, as Power of Attorney
Signature date: 01 Dec 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FCEL transaction Derivative

Employee Restricted Stock Unit

Award

Transaction value: $0
Shares: +36,136
Change %
Price: $0.000000
Shares after: 36,136
Date: 28 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,136
Exercise price: $0.000000
Footnotes: F1, F2

FCEL transaction Derivative

Employee Performance Share Unit

Award

Transaction value: $0
Shares: +36,137
Change %
Price: $0.000000
Shares after: 36,137
Date: 28 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,137
Exercise price: $0.000000
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of common stock or the equivalent cash value upon vesting of the restricted stock unit.

Footnote F2

On November 28, 2025, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.

Footnote F3

Each performance share unit represents a contingent right to receive one share of common stock or the equivalent cash value upon vesting of the performance share unit.

Footnote F4

On November 28, 2025, the reporting person was granted performance share units that will be earned based on the Company's total shareholder return ("TSR") performance during the fiscal year 2026, fiscal years 2026-2027 and fiscal years 2026-2028 performance periods, subject to continued employment until the third anniversary of the grant date. The number of performance share units reported is the target number; up to 235% of the target number may be earned based on TSR performance.