Eos Energy chief accounting officer sells $98,001 in shares By Investing.com

Sumeet Puri, Chief Accounting Officer at Eos Energy Enterprises, Inc. (), recently executed transactions involving the company’s common stock, according to a recent filing.

On July 28, 2026, Mr. Puri disposed of 29,167 shares of Eos Energy Enterprises common stock. These shares were sold at prices ranging from $3.23 to $3.44, with a weighted average price of $3.36 per share, resulting in a total value of $98,001. The timing comes as EOSE trades near its 52-week low of $3.21, down 79% over the past six months. According to InvestingPro analysis, the stock appears fairly valued at current levels, with comprehensive insights available in the platform’s detailed Pro Research Report. The sale was effected automatically pursuant to a Rule 10b5-1 trading plan, adopted on September 15, 2025, to cover estimated tax withholding obligations in connection with the vesting of restricted stock units.

Prior to this sale, on July 25, 2026, Mr. Puri acquired 58,334 shares of common stock through the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of common stock. These RSUs were granted under the Issuer’s 2020 Incentive Plan and vest in installments subject to continued service.

Following these reported transactions, Mr. Puri directly holds 202,279 shares of Eos Energy Enterprises common stock. He also beneficially owns 58,333 derivative securities in the form of restricted stock units.

In other recent news, Eos Energy Enterprises announced preliminary financial results for the second quarter of 2026, reporting expected revenue between $68 million and $69 million. This represents a more than three-fold increase in shipments compared to the same period last year, with first-half revenue already surpassing the total revenue for 2025. Additionally, Eos Energy’s Z3 long-duration batteries have been selected for a 400 MWh battery storage project in Texas by Frontier Power USA and Bimergen Energy Corporation. The project is contingent upon final documentation and the successful closing of Eos’s rights offering. In related developments, Stifel has lowered its price target for Eos Energy from $12 to $10, maintaining a Buy rating. This adjustment follows the company’s $150 million rights offering intended to fund its investment in Frontier Power USA. Hudson Bay is also investing in both Eos Energy and Frontier Power USA alongside this offering.

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