Jason Few - Nov 28, 2025 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
CEO, Director
Signature
/s/ Michael S. Bishop, as Power of Attorney
Stock symbol
FCEL
Transactions as of
Nov 28, 2025
Transactions value $
$0
Form type
4
Date filed
12/1/2025, 05:18 PM
Previous filing
Jan 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Few Jason CEO, Director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY /s/ Michael S. Bishop, as Power of Attorney 2025-12-01 0001408158

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FCEL Employee Restricted Stock Unit Award $0 +112K $0.00 112K Nov 28, 2025 Common Stock 112K $0.00 Direct F1, F2
transaction FCEL Employee Performance Share Unit Award $0 +112K $0.00 112K Nov 28, 2025 Common Stock 112K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.
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.