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Eos Energy Enterprises (NASDAQ:EOSE) General Counsel Michael W. Silberman sold 65,625 shares of common stock on July 29, 2025, for approximately $389,812. The sales were executed at a weighted average price of $5.94, with individual transactions ranging from $5.80 to $6.29. The stock, which has shown remarkable growth with a 225% return over the past year according to InvestingPro data, trades with notably high volatility.
The sale was automatically executed pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025, to cover estimated tax withholding obligations related to the vesting of restricted stock units. With the stock’s beta of 2.01 indicating higher market sensitivity, such pre-planned transactions help mitigate timing risks.
On July 25, 2025, Silberman also acquired 145,833 shares of Common Stock upon the exercise of Restricted Stock Units. The price per share for the transaction was $0.
Following these transactions, Silberman directly owns 241,612 shares of Eos Energy Enterprises.
In other recent news, Eos Energy Enterprises has received significant financial support from the U.S. Department of Energy’s Loan Programs Office. The company announced a second loan advance of $22.7 million, completing the full draw of the first tranche totaling $90.9 million. This funding is intended to support the expansion of Eos Energy’s manufacturing capacity, specifically for its zinc-based battery energy storage systems. The funds will cover 80% of eligible costs incurred as part of these expansion plans. In addition to the financial developments, Stifel has maintained its Buy rating on Eos Energy, with a price target of $8.50, following the recent government funding. Meanwhile, Eos Energy’s board has approved an increase in CEO Joe Mastrangelo’s annual base salary from $650,000 to $800,000, effective August 1, 2025. This marks the first salary adjustment for Mr. Mastrangelo since 2021, following a review by an independent compensation consultant.
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