25,000 options granted to Acorn Energy (ACFN) CFO under agreement
Rhea-AI Filing Summary
Acorn Energy CFO Clifford Tracy Simmons reported a grant of 25,000 stock options on common stock, dated 01/19/2026. The options have an exercise price of $19.02 per share and were granted for no cash consideration. They were issued pursuant to a consulting agreement between Acorn Energy and Tracy Clifford Consulting, LLC.
According to the vesting terms, one-twelfth of the options vested and became exercisable immediately, with the remaining options vesting in eleven equal quarterly installments beginning 04/01/2026. The options expire on the earlier of 01/01/2033 or 18 months after Simmons ceases to serve as a director, officer, employee, or consultant of the company.
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FAQ
What insider transaction did Acorn Energy (ACFN) disclose in this Form 4?
The filing reports that CFO Clifford Tracy Simmons received a grant of 25,000 stock options on Acorn Energy common stock on 01/19/2026 at an exercise price of $19.02 per share.
Is the Acorn Energy (ACFN) CFO’s Form 4 transaction a purchase, sale, or option grant?
The transaction is an option grant classified as a derivative security acquisition (code A), with 25,000 stock options granted and no cash paid for the options themselves.
How do the 25,000 Acorn Energy (ACFN) stock options granted to the CFO vest?
One-twelfth of the options are immediately vested and exercisable, and the remaining options vest and become exercisable in eleven equal quarterly increments beginning on 04/01/2026.
When do the Acorn Energy (ACFN) CFO’s stock options expire?
The options expire on the earlier of 01/01/2033 or 18 months from the date the reporting person ceases to be a director, officer, employee, or consultant of Acorn Energy.
What agreement governs the Acorn Energy (ACFN) CFO’s option grant reported on this Form 4?
The options were granted pursuant to a consulting agreement between Acorn Energy and Tracy Clifford Consulting, LLC, as described in the filing’s footnotes.
What is the CFO’s beneficial holding in these Acorn Energy (ACFN) derivative securities after the transaction?
Following the reported transaction, the CFO beneficially owns 25,000 stock options directly, as indicated in the derivative securities table.