SEC Form SC 13G filed

2/10/21 10:47:46 AM ET

Pollution Control Equipment

Industrials

Get the next $FTEK alert in real time by email

SC 13G 1 ftek-13g_20201231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 FUEL TECH, INC. ---------------------------------------------------------------------------- (Name of Issuer) Common Stock ---------------------------------------------------------------------------- (Title of Class of Securities) 359523107 ---------------------------------------------------------------------------- (CUSIP Number) June 2, 2020 ---------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 359523107 13G Page 2 of 8 Pages ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). Renaissance Technologies LLC 26-0385758 ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): (a) [_] (b) [_] ----------------------------------------------------------------------------- (3) SEC USE ONLY ----------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 1,466,765 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 0 _____________________________ (7) SOLE DISPOSITIVE POWER 1,466,765 _____________________________ (8) SHARED DISPOSITIVE POWER 0 ______________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,466,765 ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.94 % ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA Page 2 of 8 pages ============================================================================= Page 3 of 8 pages ----------------------------------------------------------------------------- CUSIP NO. 359523107 13G Page 3 of 8 Pages ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION 13-3127734 ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] ----------------------------------------------------------------------------- (3) SEC USE ONLY ----------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 1,466,765 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 0 _____________________________ (7) SOLE DISPOSITIVE POWER 1,466,765 _____________________________ (8) SHARED DISPOSITIVE POWER 0 _____________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,466,765 ----------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] ----------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.94 % ----------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC Page 3 of 8 pages ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 359523107 13G Page 4 of 8 Pages ----------------------------------------------------------------------------- Item 1. (a) Name of Issuer FUEL TECH, INC. (b) Address of Issuer's Principal Executive Offices. 27601 Bella Vista Parkway, Warrenville, IL 60555-1617 Item 2. (a) Name of Person Filing: This Schedule 13G is being filed by Renaissance Technologies LLC ("RTC") and Renaissance Technologies Holdings Corporation ("RTHC"). (b) Address of Principal Business Office or, if none, Residence. The principal business address of the reporting persons is: 800 Third Avenue New York, New York 10022 (c) Citizenship. RTC is a Delaware limited liability company, and RTHC is a Delaware corporation. (d) Title of Class of Securities. Common Stock (e) CUSIP Number. 359523107 Page 4 of 8 pages ============================================================================= Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13-d-2(b) or (c),check whether the person filing is a: (a) [_] Broker or dealer registered under section 15 of the Act. (b) [_] Bank as defined in section 3(a)(6) of the Act. (c) [_] Insurance Company as defined in section 3(a)(19) of the Act. (d) [_] Investment Company registered under section 8 of the Investment Company Act. (e) [x] Investment Adviser in accordance with Sec.240.13d-1(b)(1)(ii)(E). (f) [_] Employee Benefit Plan or Endowment Fund in accordance with Sec. 240.13d-1(b)(1)(ii)(F). (g) [_] Parent holding company, in accordance with Sec.240.13d-1(b)(1)(ii)(G). (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940. (j) [_] Group, in accordance with Sec.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. (a) Amount beneficially owned. RTC: 1,466,765 shares RTHC: 1,466,765 shares, comprising the shares beneficially owned by RTHC, because of RTHC's majority ownership of RTC. (b) Percent of Class. RTC: 5.94 % RTHC: 5.94 % (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: RTC: 1,466,765 RTHC: 1,466,765 (ii) Shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: RTC: 1,466,765 RTHC: 1,466,765 (iv) Shared power to dispose or to direct the disposition of: RTC: 0 RTHC: 0 Page 5 of 8 pages ============================================================================= Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [_] Item 6. Ownership of More than Five Percent on Behalf of Another Person. Certain funds and accounts managed by RTC have the right to receive dividends and proceeds from the sale of the securities which are the subject of this report. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable Item 8. Identification and Classification of Members of the Group. Not applicable Item 9. Notice of Dissolution of a Group. Not applicable Page 6 of 8 pages ============================================================================= Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 10, 2021 Renaissance Technologies LLC By: /s/ James S. Rowen Chief Operating Officer Renaissance Technologies Holdings Corporation By: /s/ James S. Rowen Vice President Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 7 of 8 Pages ============================================================================== EXHIBIT 99.1 AGREEMENT REGARDING JOINT FILING UNDER RULE 13D-1(K) OF THE EXCHANGE ACT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees to the filing on behalf of each of a Statement on Schedule 13G, and all amendments thereto, with respect to the shares of Common Stock of FUEL TECH, INC. Date: February 10, 2021 Renaissance Technologies LLC By: /s/ James S. Rowen Chief Operating Officer Renaissance Technologies Holdings Corporation By: /s/ James S. Rowen Vice President Page 8 of 8 Pages

Get the next $FTEK alert in real time by email

SEC Form SC 13G filed

Chat with this insight

Recent Analyst Ratings for $FTEK

$FTEK Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Fuel Tech upgraded by HC Wainwright & Co. with a new price target

$FTEK SEC Filings

Fuel Tech Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Fuel Tech Inc.

Fuel Tech Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$FTEK Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

President & CEO Arnone Vincent J bought $20,400 worth of shares (20,000 units at $1.02), increasing direct ownership by 5% to 460,513 units (SEC Form 4)

Chief Financial Officer Albrecht Ellen T bought $5,050 worth of shares (5,000 units at $1.01), increasing direct ownership by 6% to 91,684 units (SEC Form 4)

Director Jones Sharon L bought $3,309 worth of shares (3,293 units at $1.00), increasing direct ownership by 7% to 48,785 units (SEC Form 4)

$FTEK Financials

Live finance-specific insights

Fuel Tech Schedules 2024 Third Quarter Financial Results and Conference Call

Fuel Tech Reports 2024 Second Quarter Financial Results

Fuel Tech Schedules 2024 Second Quarter Financial Results and Conference Call

$FTEK Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President & CEO Arnone Vincent J bought $20,400 worth of shares (20,000 units at $1.02), increasing direct ownership by 5% to 460,513 units (SEC Form 4)

Chief Financial Officer Albrecht Ellen T bought $5,050 worth of shares (5,000 units at $1.01), increasing direct ownership by 6% to 91,684 units (SEC Form 4)

Director Jones Sharon L bought $3,309 worth of shares (3,293 units at $1.00), increasing direct ownership by 7% to 48,785 units (SEC Form 4)

$FTEK Market Insights

Live Market Insights

$FTEK Press Releases

Fastest customizable press release news feed in the world

$FTEK Large Ownership Changes

This live feed shows all institutional transactions in real time.

HC Wainwright & Co. Reiterates Buy on Fuel Tech, Maintains $4 Price Target

Fuel Tech Q1 2024 GAAP EPS $0.01 Beats $(0.01) Estimate, Sales $4.957M Miss $6.728M Estimate

HC Wainwright & Co. Reiterates Buy on Fuel Tech, Maintains $4 Price Target

Fuel Tech Schedules 2024 Third Quarter Financial Results and Conference Call

Fuel Tech Announces FUEL CHEM® Commercial Contract for a New Domestic Utility Customer

Fuel Tech to Showcase DGI® Dissolved Gas Infusion Technology at WEFTEC 2024

SEC Form SC 13G/A filed by Fuel Tech Inc. (Amendment)

SEC Form SC 13G/A filed by Fuel Tech Inc. (Amendment)

SEC Form SC 13G/A filed by Fuel Tech Inc. (Amendment)

$FTEK Leadership Updates

Live Leadership Updates

Fuel Tech Names William Decker Vice President Water and Wastewater Treatment Technologies

Recent Analyst Ratings for
$FTEK

$FTEK
Analyst Ratings

$FTEK
SEC Filings

$FTEK
Insider Purchases

$FTEK
Financials

$FTEK
Insider Trading

$FTEK
Market Insights

$FTEK
Press Releases

$FTEK
Large Ownership Changes

$FTEK
Leadership Updates