GLOBAL RESEARCH ARCHIVE
Global Index Mail May 15, 2026
Research evidence excerpt
Global Index Mail May 15, 2026
Pankaj Gupta, CFA AC Global Markets Strategy
(44-20) 7134-5483 15 May 2026 J P M O R G A N
pankaj.gupta2@jpmorgan.com
have completed a block sale of 3,306,924 existing shares of PDF Solutions Inc. The
combined size of the offering being over 5% 150 Mln USD qualifies for accelerated
implementation. S&P DJI will accordingly update the shares and IWF.
-S&P 600 Indexer Demand: 0.6 million shares of PDFS US (91% of volume)
-Effective as close of Friday, May 15, 2026
• Russell 2000 - Bel Fuse Inc is distributing its common stock in a public primary offering.
In the offering, Bel Fuse Inc will offer 1,500,000 shares of its common stock. FTSE
Russell has determined this equity offering satisfies the criteria for an intra-quarter
update. The equity offering will be effective in the FTSE Russell Indexes on May 18, 2026
(after the close).
-Indexer Demand: 0.1 million shares of BELFB US (60% of volume)
-Effective as close of Monday, May 18, 2026
• Russell 2000 - Fluence Energy is distributing its common stock in a public secondary
offering. In the offering, Fluence Energy shareholders will offer 20,000,000 shares of its
common stock. FTSE Russell has determined this equity offering satisifes the criteria for
an intra-quarter update. The equity offering will be effective in the FTSE Russell Indexes
on May 18, 2026 (after the close).
-Indexer Demand: 1.7 million shares of FLNC US (14% of volume)
• Russell 2000 - Kodiak Gas Services is distributing its common stock in a public primary
offering. In the offering, Kodiak Gas Services shareholders will offer 10,563,000 shares
of its common stock. FTSE Russell has determined this equity offering satisfies the
criteria for an intra-quarter update. The equity offering will be effective in the FTSE
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