Gold prices set for weekly drop as strong dollar weighs; Trump tariffs in focus
Eos Energy Enterprises (NASDAQ:EOSE), currently valued at $1.48 billion and showing a remarkable 225% return over the past year, reported that General Counsel Michael W. Silberman sold 65,625 shares of common stock on July 29, 2025, for a total of $389,812. The sales were executed at a weighted average price of $5.94, with individual transactions ranging from $5.80 to $6.29.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed automatically under 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. InvestingPro analysis shows the company maintains healthy liquidity with a current ratio of 2.05, though its overall financial health score indicates some challenges ahead.
On July 25, 2025, Silberman also acquired 145,833 shares of Common Stock upon the exercise of Restricted Stock Units, with a transaction price of $0. For deeper insights into EOSE’s valuation and 12 additional key metrics, check out the comprehensive research report available on InvestingPro.
In other recent news, Eos Energy Enterprises has received a significant financial boost with a $22.7 million loan advance from the Department of Energy’s Loan Programs Office. This advance completes the full draw of the first tranche, totaling $90.9 million, which is aimed at supporting the company’s expansion of its battery manufacturing capabilities. The funds are part of a larger $303.5 million DOE loan facility and will cover 80% of eligible costs incurred for the expansion project, known as Project AMAZE. This development is intended to enhance Eos Energy’s operational capacity to meet increasing demand for its zinc-based battery energy storage systems.
Additionally, Stifel has maintained its Buy rating on Eos Energy stock, setting a price target of $8.50, following the receipt of this government funding. In another development, the company announced an increase in CEO Joe Mastrangelo’s annual base salary from $650,000 to $800,000, effective August 1, 2025. This salary adjustment was approved by the board’s Leadership Development & Compensation Committee after a review of benchmark data. These updates reflect Eos Energy’s strategic moves to strengthen its leadership and expand its market presence.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.