ClearSign director granted options and RSUs
Silva Gil Todd reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Silva Gil Todd reported acquisition or exercise transactions in this Form 4 filing.
ClearSign Technologies director Gil Todd Silva received new equity awards as compensation for service as a non-employee director for the quarter ended June 30, 2026. The awards include 4,595 non-statutory stock options to buy common shares at $3.67 per share, expiring on June 29, 2036, which were fully vested and exercisable on the grant date.
Silva was also granted 4,087 restricted stock units, each representing one share of common stock or its cash equivalent. These RSUs will vest upon the first to occur of a change in control, disability, death, or separation from service. Following these grants, Silva holds 4,595 options and 19,576 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,087 | $0.00 | $0.00 |
| Grant/Award | Non-Statutory Stock Options | 4,595 | $0.00 | $0.00 |
Footnotes (3)
- F1. As compensation for services as a non-employee director during the quarter ended June 30, 2026, the reporting person was granted restricted stock units ("RSUs") under the ClearSign Technologies Corporation Amended and Restated 2021 Equity Incentive Plan (the "Plan") pursuant to the issuer's non-employee director compensation policy, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- F2. The RSUs will vest upon the first to occur of: (1) a Change in Control (as defined in the applicable RSU award agreement), (2) the reporting person's Disability (as defined in the applicable RSU award agreement); (3) the reporting person's death; or (4) the reporting person's separation from service.
- F3. As compensation for services as a non-employee director during the quarter ended June 30, 2026, the reporting person was granted non-statutory stock options to purchase 4,595 shares of common stock under the Plan pursuant to the issuer's non-employee director compensation policy. These non-statutory stock options were immediately vested and exercisable on the grant date.
Key Figures
Key Terms
Non-Statutory Stock Options financial
Restricted Stock Units financial
Amended and Restated 2021 Equity Incentive Plan financial
Change in Control financial
Disability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did ClearSign (CLIR) director Gil Todd Silva receive?
What are the key terms of Gil Todd Silva’s new stock options at ClearSign (CLIR)?
How do Gil Todd Silva’s RSUs from ClearSign (CLIR) vest?
Are Gil Todd Silva’s equity awards from ClearSign (CLIR) open-market purchases?
What are Gil Todd Silva’s derivative holdings after these ClearSign (CLIR) grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.