ClearSign (NASDAQ: CLIR) CFO Brent Hinds vests 10,127 RSUs, nets shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearSign Technologies Corp. Chief Financial Officer Brent Hinds reported routine equity compensation activity. On February 2, 2026, 10,127 restricted stock units (RSUs) granted on February 2, 2023 vested into the same number of shares of common stock at no cost under the 2021 Equity Incentive Plan.
To cover tax obligations from this vesting, 3,711 shares of common stock were withheld at a price of $0.5991 per share, based on the Nasdaq closing price that day. After these transactions, Hinds directly owned 124,256 shares of ClearSign common stock. The original 30,380 RSUs vest in three equal annual installments that began on February 2, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,127 shares exercised/converted
Mixed
3 txns
Insider
Hinds Brent
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,127 | $0.00 | -- |
| Exercise | Common Stock | 10,127 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,711 | $0.5991 | $2K |
Holdings After Transaction:
Restricted Stock Unit — 10,127 shares (Direct);
Common Stock — 127,967 shares (Direct)
Footnotes (1)
- Reflects the vesting of 10,127 restricted stock units ("RSUs") out of the 30,380 RSUs granted to the reporting person on February 2, 2023, into an equal number of shares of the Company's common stock, without the payment of any consideration, pursuant to the Company's 2021 Equity Incentive Plan. Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 10,127 RSUs on February 2, 2026, and calculated based on the closing price of the Company's common stock, as reported on the Nasdaq Stock Market, on February 2, 2026, of $0.5991. On February 2, 2023, the reporting person was granted 30,380 RSUs as a one-time bonus for services as an executive officer for the year ended December 31, 2022, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof. The RSUs granted on February 2, 2023, vest in three equal installments that commenced on February 2, 2024.
FAQ
What insider transaction did CLIR CFO Brent Hinds report on February 2, 2026?
Brent Hinds reported the vesting of 10,127 RSUs into common shares on February 2, 2026. These RSUs were part of a 30,380-unit grant awarded on February 2, 2023 as a one-time bonus for his 2022 executive officer services.
What are the terms of the 30,380 RSUs granted to CLIR’s CFO in 2023?
On February 2, 2023, Brent Hinds received 30,380 RSUs as a one-time bonus for 2022 services. Each RSU equals one share of common stock or cash, and the award vests in three equal installments beginning February 2, 2024 under the 2021 Equity Incentive Plan.
How were the 10,127 ClearSign RSUs treated upon vesting for the CFO?
When 10,127 RSUs vested, they converted into an equal number of ClearSign common shares without any cash payment by Brent Hinds. This conversion followed the company’s 2021 Equity Incentive Plan and reflected part of his previously granted 30,380 RSU award.
What role does Brent Hinds hold at ClearSign Technologies Corp (CLIR)?
Brent Hinds serves as Chief Financial Officer of ClearSign Technologies Corp. His Form 4 filing reflects equity compensation activity related to this executive role, including a one-time RSU bonus grant for services performed in the year ended December 31, 2022.