STOCK TITAN

[8-K] Clean Energy Technologies, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Form 4 snapshot: On 07/21/2025 Columbus McKinnon Corp. (CMCO) director Christopher J. Stephens reported the award of 8,553 common shares under the company’s Second Amended & Restated 2016 Long-Term Incentive Plan. The transaction is coded “A” (acquisition) at a reporting price of $15.21 per share, implying a notional value of roughly $130 k.

The grant lifts Stephens’ direct holdings to 19,567 shares, an increase of about 78% versus his prior position. No derivative securities were exercised or disposed of, and there were no sales or other insider dispositions disclosed.

While equity grants do not involve an out-of-pocket purchase, the filing still modestly strengthens insider equity alignment and sends a generally constructive governance signal. The overall dollar amount is immaterial to CMCO’s capitalization, so market impact should be limited.

Riepilogo del Modulo 4: Il 21/07/2025, il direttore di Columbus McKinnon Corp. (CMCO), Christopher J. Stephens, ha comunicato il conferimento di 8.553 azioni ordinarie nell'ambito del Secondo Piano Incentivi a Lungo Termine 2016 modificato e aggiornato della società. L'operazione è classificata come “A” (acquisizione) a un prezzo di riferimento di 15,21 $ per azione, corrispondente a un valore nominale di circa 130.000 $.

La concessione porta la partecipazione diretta di Stephens a 19.567 azioni, con un aumento di circa il 78% rispetto alla sua posizione precedente. Non sono stati esercitati o ceduti strumenti derivati, e non sono state segnalate vendite o altre disposizioni da parte degli insider.

Pur non comportando un acquisto in contanti, la comunicazione rafforza lievemente l’allineamento azionario degli insider e invia un segnale generalmente positivo in termini di governance. L’importo complessivo è irrilevante rispetto alla capitalizzazione di CMCO, quindi l’impatto sul mercato dovrebbe essere limitato.

Resumen del Formulario 4: El 21/07/2025, el director de Columbus McKinnon Corp. (CMCO), Christopher J. Stephens, informó la adjudicación de 8.553 acciones ordinarias bajo el Plan de Incentivos a Largo Plazo 2016, Segunda Enmienda y Restablecido de la compañía. La transacción está codificada como “A” (adquisición) a un precio reportado de $15.21 por acción, lo que implica un valor nominal aproximado de $130,000.

La concesión eleva la tenencia directa de Stephens a 19.567 acciones, un aumento de aproximadamente el 78% respecto a su posición anterior. No se ejercieron ni dispusieron valores derivados, y no se reportaron ventas u otras disposiciones internas.

Aunque las concesiones de acciones no implican una compra directa, la presentación fortalece modestamente la alineación de capital de los insiders y envía una señal generalmente constructiva de gobernanza. El monto total es insignificante para la capitalización de CMCO, por lo que el impacto en el mercado debería ser limitado.

Form 4 요약: 2025년 7월 21일, Columbus McKinnon Corp.(CMCO) 이사 Christopher J. Stephens가 회사의 2016년 장기 인센티브 계획(두 번째 수정 및 재작성)에 따라 8,553주 보통주 수여를 보고했습니다. 거래는 “A”(취득)로 분류되었으며, 보고 가격은 주당 $15.21로 약 $130,000의 명목 가치를 의미합니다.

이번 수여로 Stephens의 직접 보유 주식이 19,567주로 증가하여 이전 보유량 대비 약 78% 증가했습니다. 파생증권의 행사나 처분은 없었으며, 판매나 기타 내부자 처분도 보고되지 않았습니다.

주식 수여는 현금 구매를 수반하지 않지만, 이번 보고는 내부자의 주식 보유 연계를 다소 강화하며 전반적으로 긍정적인 지배구조 신호를 보냅니다. 총 금액은 CMCO 자본금에 비해 미미하여 시장 영향은 제한적일 것으로 보입니다.

Résumé du formulaire 4 : Le 21/07/2025, Christopher J. Stephens, administrateur de Columbus McKinnon Corp. (CMCO), a déclaré l’attribution de 8 553 actions ordinaires dans le cadre du Plan d’Incitation à Long Terme 2016 modifié et révisé de la société. La transaction est codée « A » (acquisition) à un prix déclaré de 15,21 $ par action, ce qui implique une valeur notionnelle d’environ 130 000 $.

Cette attribution porte la détention directe de Stephens à 19 567 actions, soit une augmentation d’environ 78 % par rapport à sa position précédente. Aucun instrument dérivé n’a été exercé ou cédé, et aucune vente ou autre cession d’initié n’a été divulguée.

Bien que les attributions d’actions ne nécessitent pas d’achat en numéraire, le dépôt renforce modestement l’alignement des intérêts des initiés et envoie un signal de gouvernance généralement positif. Le montant total est négligeable par rapport à la capitalisation de CMCO, donc l’impact sur le marché devrait être limité.

Formular 4 Übersicht: Am 21.07.2025 meldete Christopher J. Stephens, Direktor von Columbus McKinnon Corp. (CMCO), die Zuteilung von 8.553 Stammaktien im Rahmen des überarbeiteten und neu gefassten Langfrist-Anreizplans 2016 des Unternehmens. Die Transaktion ist als „A“ (Erwerb) codiert und erfolgte zu einem gemeldeten Preis von 15,21 $ pro Aktie, was einem nominalen Wert von etwa 130.000 $ entspricht.

Die Zuteilung erhöht Stephens’ direkten Bestand auf 19.567 Aktien, eine Steigerung von etwa 78 % gegenüber seiner vorherigen Position. Es wurden keine Derivate ausgeübt oder veräußert, und es gab keine Verkäufe oder sonstige Insider-Transaktionen.

Obwohl Aktienzuteilungen keinen Barkauf erfordern, stärkt die Meldung die Insider-Aktienausrichtung leicht und sendet ein grundsätzlich positives Governance-Signal. Der Gesamtbetrag ist für die Marktkapitalisierung von CMCO unerheblich, daher sollte der Markteinfluss begrenzt bleiben.

Positive
  • Director ownership rises 78%, signaling stronger alignment with shareholders
  • No insider sales or derivative disposals, reducing negative governance signals
Negative
  • None.

Insights

TL;DR: Director received stock grant; increases stake, modest positive sentiment.

The award adds roughly $130 k of CMCO equity to Stephens’ account, pushing his direct stake to nearly 20 k shares. Insider accumulation—even via compensation—tends to be viewed favorably, as it tightens shareholder-director alignment. However, because this is a scheduled LTIP grant rather than an open-market buy, the informational value is weaker and should not materially alter valuation models. No negative indicators such as option exercises followed by sales are present.

TL;DR: Routine LTIP grant; governance alignment intact, risk neutral.

The filing confirms compliance with CMCO’s 2016 LTIP and shows continued use of equity-based compensation for directors. The absence of derivative positions or rapid disposals lowers governance risk. While the stake increase is small relative to board holdings overall, it maintains best-practice alignment. I classify the event as not impactful to control structure but mildly positive for incentive alignment.

Riepilogo del Modulo 4: Il 21/07/2025, il direttore di Columbus McKinnon Corp. (CMCO), Christopher J. Stephens, ha comunicato il conferimento di 8.553 azioni ordinarie nell'ambito del Secondo Piano Incentivi a Lungo Termine 2016 modificato e aggiornato della società. L'operazione è classificata come “A” (acquisizione) a un prezzo di riferimento di 15,21 $ per azione, corrispondente a un valore nominale di circa 130.000 $.

La concessione porta la partecipazione diretta di Stephens a 19.567 azioni, con un aumento di circa il 78% rispetto alla sua posizione precedente. Non sono stati esercitati o ceduti strumenti derivati, e non sono state segnalate vendite o altre disposizioni da parte degli insider.

Pur non comportando un acquisto in contanti, la comunicazione rafforza lievemente l’allineamento azionario degli insider e invia un segnale generalmente positivo in termini di governance. L’importo complessivo è irrilevante rispetto alla capitalizzazione di CMCO, quindi l’impatto sul mercato dovrebbe essere limitato.

Resumen del Formulario 4: El 21/07/2025, el director de Columbus McKinnon Corp. (CMCO), Christopher J. Stephens, informó la adjudicación de 8.553 acciones ordinarias bajo el Plan de Incentivos a Largo Plazo 2016, Segunda Enmienda y Restablecido de la compañía. La transacción está codificada como “A” (adquisición) a un precio reportado de $15.21 por acción, lo que implica un valor nominal aproximado de $130,000.

La concesión eleva la tenencia directa de Stephens a 19.567 acciones, un aumento de aproximadamente el 78% respecto a su posición anterior. No se ejercieron ni dispusieron valores derivados, y no se reportaron ventas u otras disposiciones internas.

Aunque las concesiones de acciones no implican una compra directa, la presentación fortalece modestamente la alineación de capital de los insiders y envía una señal generalmente constructiva de gobernanza. El monto total es insignificante para la capitalización de CMCO, por lo que el impacto en el mercado debería ser limitado.

Form 4 요약: 2025년 7월 21일, Columbus McKinnon Corp.(CMCO) 이사 Christopher J. Stephens가 회사의 2016년 장기 인센티브 계획(두 번째 수정 및 재작성)에 따라 8,553주 보통주 수여를 보고했습니다. 거래는 “A”(취득)로 분류되었으며, 보고 가격은 주당 $15.21로 약 $130,000의 명목 가치를 의미합니다.

이번 수여로 Stephens의 직접 보유 주식이 19,567주로 증가하여 이전 보유량 대비 약 78% 증가했습니다. 파생증권의 행사나 처분은 없었으며, 판매나 기타 내부자 처분도 보고되지 않았습니다.

주식 수여는 현금 구매를 수반하지 않지만, 이번 보고는 내부자의 주식 보유 연계를 다소 강화하며 전반적으로 긍정적인 지배구조 신호를 보냅니다. 총 금액은 CMCO 자본금에 비해 미미하여 시장 영향은 제한적일 것으로 보입니다.

Résumé du formulaire 4 : Le 21/07/2025, Christopher J. Stephens, administrateur de Columbus McKinnon Corp. (CMCO), a déclaré l’attribution de 8 553 actions ordinaires dans le cadre du Plan d’Incitation à Long Terme 2016 modifié et révisé de la société. La transaction est codée « A » (acquisition) à un prix déclaré de 15,21 $ par action, ce qui implique une valeur notionnelle d’environ 130 000 $.

Cette attribution porte la détention directe de Stephens à 19 567 actions, soit une augmentation d’environ 78 % par rapport à sa position précédente. Aucun instrument dérivé n’a été exercé ou cédé, et aucune vente ou autre cession d’initié n’a été divulguée.

Bien que les attributions d’actions ne nécessitent pas d’achat en numéraire, le dépôt renforce modestement l’alignement des intérêts des initiés et envoie un signal de gouvernance généralement positif. Le montant total est négligeable par rapport à la capitalisation de CMCO, donc l’impact sur le marché devrait être limité.

Formular 4 Übersicht: Am 21.07.2025 meldete Christopher J. Stephens, Direktor von Columbus McKinnon Corp. (CMCO), die Zuteilung von 8.553 Stammaktien im Rahmen des überarbeiteten und neu gefassten Langfrist-Anreizplans 2016 des Unternehmens. Die Transaktion ist als „A“ (Erwerb) codiert und erfolgte zu einem gemeldeten Preis von 15,21 $ pro Aktie, was einem nominalen Wert von etwa 130.000 $ entspricht.

Die Zuteilung erhöht Stephens’ direkten Bestand auf 19.567 Aktien, eine Steigerung von etwa 78 % gegenüber seiner vorherigen Position. Es wurden keine Derivate ausgeübt oder veräußert, und es gab keine Verkäufe oder sonstige Insider-Transaktionen.

Obwohl Aktienzuteilungen keinen Barkauf erfordern, stärkt die Meldung die Insider-Aktienausrichtung leicht und sendet ein grundsätzlich positives Governance-Signal. Der Gesamtbetrag ist für die Marktkapitalisierung von CMCO unerheblich, daher sollte der Markteinfluss begrenzt bleiben.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 18, 2025

 

Clean Energy Technologies, Inc.

 

(Exact name of registrant as specified in its charter)

 

001-41654   20-2675800
(Commission File Number)   (IRS Employer Identification Number)

 

1340 Reynolds Avenue, Unit 120

Irvine, CA

  92614
(Address of Principal Executive Offices)   (Zip Code)

 

(949) 273-4990

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))
   
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock, par value $0.001   CETY   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On July 18, 2025, Clean Energy Technologies, Inc. (the “Company”), entered into a securities purchase agreement (the “SPA”) with Firstfire Global Opportunities Fund, LLC, a Delaware limited liability company (“FirstFire”), pursuant to which the Company sold, and FirstFire purchased, (i) a convertible promissory note in the principal amount of $201,250 (the “Note”), and (ii) 125,000 shares of Company common stock (the “Shares”), for an aggregate purchase price of $175,000 (the “Transaction”).

 

The Transaction closed on July 21, 2025, and on such date pursuant to the SPA, FirstFire’s legal expenses of $5,500 were paid from the gross purchase price, the Company received net funding of $169,500, and the Note and Shares were issued to FirstFire.

 

The SPA includes customary representations, warranties and covenants by the Company and customary closing conditions. The SPA requires that the proceeds from the Transaction be used for business development and working capital, but not for repayment of indebtedness owed to officers, directors or employees of the Company or their affiliates, the repayment of any debt issued in corporate finance transactions, any loan to or investment in any other corporation, partnership, enterprise or other person (except in connection with the Company’s currently existing operations), or any loan, credit, or advance to any officers, directors, employees, or affiliates of the Company. The SPA also (i) requires the Company to obtain shareholder approval on or before July 23, 2025, to issue shares of Company common stock to FirstFire in excess of the Exchange Cap (as defined below) pursuant to Nasdaq’s listing rules, and (ii) until such shareholder approval has been obtained, prohibits the issuance of more shares of common stock to the holder than the number of shares of common stock that may be issued to the holder prior to obtaining shareholder approval in accordance with Nasdaq Rule 5635(d) (the “Exchange Cap”).

 

The Note matures 12 months following the issue date, accrues guaranteed interest of 10% per annum (with the first 12 months of interest guaranteed and earned in full as of issuance of the Note), and is unsecured. The Company is generally required to make monthly payments beginning September 18, 2025 (and on the 18th of each month thereafter) in the amount of $22,137.50 per month. The Note is convertible into shares of the Company’s common stock at the election of the holder at a conversion price equal to 85% of the lowest traded price during the 10 trading days prior to the conversion date; provided, however, that the holder may not convert the Note to the extent that such conversion would result in the holder’s beneficial ownership of the Company’s common stock being in excess of 4.99% of the Company’s issued and outstanding common stock. Additionally, the holder of the Note is entitled to deduct $1,750 from the conversion amount in each note conversion to cover the holder’s fees associated with the conversion.

 

The foregoing descriptions of the SPA and Note do not purport to be complete and are qualified in their entirety by reference to the full text of those agreements, copies of which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and incorporated by reference herein.

 

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The disclosure provided above in Item 1.01 above is incorporated by reference into this Item 2.03.

 

 

 

 

Item 3.02. Unregistered Sales of Equity Securities.

 

The disclosure provided above in Item 1.01 above is incorporated by reference into this Item 3.02. The Note and Shares were sold in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, as there was no general solicitation, and the issuances did not involve a public offering.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
10.1   Securities Purchase Agreement, dated July 18, 2025, entered into between the Company and Firstfire Global Opportunities Fund, LLC *
     
10.2   Senior Promissory Note, dated July 18, 2025, by the Company to Firstfire Global Opportunities Fund, LLC *
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL Document)

 

* Filed herewith.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunder duly authorized.

 

  CLEAN ENERGY TECHNOLOGIES, INC.
     
Dated: July 22, 2025 By: /s/ Kambiz Mahdi
    Kambiz Mahdi
    Chief Executive Officer

 

 

 

 

FAQ

How many CMCO shares did Director Christopher J. Stephens acquire?

He was awarded 8,553 common shares.

When did the share grant to Christopher Stephens occur?

The grant date reported is 07/21/2025.

What was the reported price of the CMCO shares granted?

The Form 4 lists a price of $15.21 per share for reporting purposes.

What is Christopher Stephens’ total CMCO holding after the transaction?

He now directly owns 19,567 shares.

Were any derivative securities reported in this Form 4?

No; the filing shows no derivative acquisitions or disposals.

Does this Form 4 indicate insider confidence in CMCO?

Equity grants increase insider exposure, so the event is generally viewed as mildly positive, though it was not an open-market purchase.
Clean Energy Technologies Inc

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