Rocket Companies pres & CEO Bray sells $2.95M in RKT stock

In a recent transaction on September 16, 2026, Eos Energy Enterprises' CEO Joe Mastrangelo disposed of 250,000 shares of common stock, generating a total of $980,000. The shares were sold at an average price of $3.92, with individual transactions ranging from $3.84 to $4.16. This sale was orchestrated via a pre-set Rule 10b5-1 trading plan, aimed at addressing anticipated tax withholding duties linked to the vesting of performance-based restricted stock units.

Currently priced at $1.91, the stock has plummeted 86% year-over-year, though it surged nearly 10% in the last week. Analysts suggest EOSE is undervalued at present. Ahead of this sale, on September 14, 2026, Mastrangelo purchased 500,000 shares of Eos Energy common stock at no cost, resulting from the vesting of performance-based restricted stock units (PRSUs) granted on July 5, 2024.

The vesting was triggered following the Compensation Committee's confirmation of the first performance period's success, which was tied to the company's total shareholder return targets.

Eos Energy Enterprises has recently disclosed its Q3 2026 financial outcome, showing a substantial increase in revenue and a reduction in losses, surpassing market projections. The company reported adjusted earnings of minus $0.17 per share, surpassing the expected minus $0.22, and generated revenue of $82.7 million, exceeding the predicted $80.97 million.

However, Eos Energy continues to grapple with substantial losses and cash burn. Additionally, investment firm Stifel has revised its price target for Eos Energy down to $4.00 from $9.00, retaining a Buy rating due to concerns over the company's bookings. The management of Eos Energy has also revised its 2026 revenue guidance to a range of $300 million to $325 million.

These recent events underscore the company's ongoing endeavors to enhance its financial position in the face of market challenges. This report was produced with AI assistance and subsequently reviewed by an editor. For additional information, please refer to the Terms and Conditions.