On October 8, 2026, Fluence Energy, Inc. and Peter Williams, its former Senior Vice President and Chief Product Officer, entered into a separation agreement and release of claims. Under the agreement, Mr. Williams will receive a lump-sum payment of $593,750, less standard payroll deductions and withholdings, accelerated vesting of 12,184 RSUs and 11,347 PSUs, and reimbursement of COBRA premiums at applicable employee rates for twelve months if he is eligible for and timely elects COBRA coverage. The payments and benefits are subject to his execution and non-revocation of a release of claims containing confidentiality, mutual non-disparagement, and cooperation obligations, and the agreement is filed as Exhibit 10.1.
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 8, 2026, Fluence Energy, Inc. ( the Company , we or our ) and Peter Williams, our former Senior Vice President and Chief Product Officer, entered into a separation agreement and release of claims (the Williams Separation Agreement ). Pursuant to the Williams Separation Agreement, Mr. Williams will receive a lump sum payment equal to $593,750, less standard payroll deductions and withholdings, accelerated vesting of 12,184 RSUs and 11,347 PSUs and reimbursement of COBRA premiums at the applicable employee rates for twelve months, to the extent Mr. Williams is eligible for and timely elects COBRA coverage. The payments and benefits under the Williams Separation Agreement are subject to his execution and non-revocation of a release of claims, which also contains certain confidentiality, mutual non-disparagement, and cooperation obligations. The foregoing description of the Williams Separation Agreement is qualified in its entirety by the full text of the Williams Separation Agreement, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
