Fluence Energy, Inc. has disclosed the departure of Peter Williams, the company’s former Senior Vice President and Chief Product Officer. According to a Form 8-K filed with the SEC on October 9, 2026, Fluence and Williams entered into a separation agreement and release of claims on October 8, 2026.
Under the terms of the agreement, Mr. Williams will receive a lump sum payment of $593,750, less standard payroll deductions and withholdings. Additionally, he is entitled to accelerated vesting of 12,184 Restricted Stock Units (RSUs) and 11,347 Performance Share Units (PSUs). The agreement also includes reimbursement of COBRA premiums at applicable employee rates for a period of twelve months, provided Mr. Williams is eligible and timely elects coverage.
The separation package is contingent upon Mr. Williams executing and not revoking a release of claims. This release also includes provisions regarding confidentiality, mutual non-disparagement, and cooperation obligations. The full text of the Separation Agreement and Release of Claims is filed as Exhibit 10.1 to the current report.
