Ascent Solar (ASTI) director receives 95,000 stock options at $4.43 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ascent Solar Technologies director Louis C. Berezovsky received a grant of stock options for 95,000 shares of Common Stock. The options have an exercise price of $4.43 per share and expire on July 1, 2036. The grant was approved by the Board of Directors on July 2, 2026.
The options vest in three equal installments: one-third on July 31, 2026, one-third on July 31, 2027, and one-third on July 31, 2028. Any unvested portion will fully vest upon a change of control as defined in the company’s equity incentive plan. This is a compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berezovsky Louis C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Option (Right to buy) | 95,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock Option (Right to buy) — 95,000 shares (Direct, null)
Footnotes (1)
- The option grant was approved by the Issuer's Board of Directors on July 2, 2026. The shares subject to the option grant vest in the following amounts on the following dates: 1/3 - 7/31/26, 1/3 - 7/31/27, 1/3 - 7/31/28. Any outstanding and unvested options will also accelerate and fully vest upon a change of control (as defined in the Company's equity incentive plan).
Key Figures
Options granted: 95,000 options
Exercise price: $4.43 per share
Expiration date: July 1, 2036
+3 more
6 metrics
Options granted
95,000 options
Director grant of Common Stock Options
Exercise price
$4.43 per share
Conversion or exercise price of options
Expiration date
July 1, 2036
Option term end date
Underlying shares
95,000 shares
Common Stock underlying the options
Board approval date
July 2, 2026
Option grant approved by Board of Directors
Vesting schedule
1/3 each in 2026, 2027, 2028
Installments on July 31, 2026/2027/2028
Key Terms
Common Stock Option (Right to buy), exercise price, vesting, change of control, +1 more
5 terms
Common Stock Option (Right to buy) financial
"security_title: Common Stock Option (Right to buy)"
exercise price financial
"conversion_or_exercise_price: 4.4300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The shares subject to the option grant vest in the following amounts"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change of control financial
"will also accelerate and fully vest upon a change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
equity incentive plan financial
"as defined in the Company's equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transaction did Ascent Solar Technologies (ASTI) report for Louis C. Berezovsky?
Ascent Solar Technologies reported that director Louis C. Berezovsky received a grant of options for 95,000 shares of Common Stock. These options are a compensation award, not an open-market stock purchase, and give him the right to buy shares at a fixed exercise price.
What is the exercise price and expiration date of the new ASTI stock options?
The granted options have an exercise price of $4.43 per share and expire on July 1, 2036. This means Berezovsky can choose to buy up to 95,000 shares at $4.43 any time before that expiration date, subject to vesting.
How do Louis C. Berezovsky’s ASTI option grants vest over time?
The 95,000 ASTI options vest in three equal parts: one-third on July 31, 2026, one-third on July 31, 2027, and the final third on July 31, 2028. Vesting means portions of the grant become exercisable on those specific dates.
Was there a change of control provision in the ASTI option grant to Berezovsky?
Yes. Any outstanding and unvested options from this grant will accelerate and fully vest upon a change of control, as defined in Ascent Solar Technologies’ equity incentive plan. This protects the director’s award if the company is sold or undergoes a qualifying transaction.