CLIR CFO Hinds vests RSUs, withholds shares for tax
ClearSign Technologies Corp. Chief Financial Officer Brent Hinds reported routine equity compensation activity.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,127 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,127 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,711 | $0.5991 | $2K |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The RSUs granted on February 2, 2023, vest in three equal installments that commenced on February 2, 2024.
FAQ
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What insider transaction did CLIR CFO Brent Hinds report on February 2, 2026?
What are the terms of the 30,380 RSUs granted to CLIR’s CFO in 2023?
How were the 10,127 ClearSign RSUs treated upon vesting for the CFO?
What role does Brent Hinds hold at ClearSign Technologies Corp (CLIR)?
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