Jason Few - 05 Dec 2025 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Reporting relationship: CEO, Director
Issuer ticker: FCEL
Reported as of: 05 Dec 2025
Net transaction value: -$25,688
SEC form: 4
Accepted by SEC: 09 Dec 2025, 17:38:52 UTC
Prior SEC filing: 01 Dec 2025
Next SEC filing: 15 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Michael S. Bishop, as Power of Attorney

Key filing fact

Jason Few filed Form 4 for FUELCELL ENERGY INC (FCEL) on 09 Dec 2025.

Key facts

This page summarizes Jason Few's Form 4 filing for FUELCELL ENERGY INC (FCEL).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Dec 2025, 17:38.

Change

Previous filing in this sequence was filed on 01 Dec 2025.
Current net transaction value: -$25,688.

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 0001408158 Primary reporting owner

Few Jason

Relationship: CEO, Director
Address: C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY
Signature: /s/ Michael S. Bishop, as Power of Attorney
Signature date: 09 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FCEL transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,654
Change %: +13%
Price: $0.000000
Shares after: 41,385
Date: 05 Dec 2025
Ownership: Direct
Footnotes: F1, F2

FCEL transaction

Common Stock

Tax liability

Transaction value: $12,212
Shares: -1,459
Change %: -3.5%
Price: $8.37
Shares after: 39,926
Date: 05 Dec 2025
Ownership: Direct
Footnotes: F3

FCEL transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +5,135
Change %: +13%
Price: $0.000000
Shares after: 45,061
Date: 05 Dec 2025
Ownership: Direct
Footnotes: F1, F4

FCEL transaction

Common Stock

Tax liability

Transaction value: $13,476
Shares: -1,610
Change %: -3.6%
Price: $8.37
Shares after: 43,451
Date: 05 Dec 2025
Ownership: Direct
Footnotes: F5

Reported derivative securities

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

FCEL transaction Derivative

Employee Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -4,654
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 05 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,654
Exercise price
Footnotes: F1, F2, F6

FCEL transaction Derivative

Employee Performance Share Unit

Options Exercise

Transaction value: $0
Shares: -5,135
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 05 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,135
Exercise price
Footnotes: F1, F4, F7

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Reflects the 1-for-30 reverse stock split effected by the Issuer on November 8, 2024.

Footnote F2

Restricted stock units were converted into common stock on a one-for-one basis.

Footnote F3

Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units.

Footnote F4

Shares were issued in settlement of earned performance share units.

Footnote F5

Represents shares withheld to satisfy tax obligations upon the vesting of performance share units.

Footnote F6

On December 05, 2022, the reporting person was granted restricted stock units, which vested 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.

Footnote F7

On December 05, 2022, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2025, subject to continued employment until the third anniversary of the grant date (December 5, 2025). The performance goal was the TSR of the Company relative to the TSR of the Russell 2000 during the performance period. The Compensation and Leadership Development Committee certified achievement at 36.77% of the target number previously reported (as adjusted to reflect the 1-for-30 reverse stock split effected by the Issuer on November 8, 2024), resulting in the award of 5,135 shares.