Insider Selling: Eos Energy Enterprises (NASDAQ:EOSE) CAO Sells 29,167 Shares of Stock
MarketBeat
Eos Energy Enterprises, Inc. (NASDAQ:EOSE - Get Free Report) CAO Sumeet Puri sold 29,167 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $3.36, for a total value of $98,001.12. Following the transaction, the chief accounting officer owned 202,279 shares in the company, valued at $679,657.44. This trade represents a 12.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NASDAQ:EOSE