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ClearSign grants director Saddler 2,275 stock options

The option award was immediately exercisable and covers common shares at a $3.55 exercise price.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

ClearSign Technologies Corp (CLIR) director Larry Michael Saddler received a compensation-related grant of 2,275 non-statutory stock options on September 30, 2026. The options cover 2,275 shares of common stock and were immediately vested and exercisable on the grant date. They have a $3.55 exercise price and expire September 29, 2036. The award was pro-rated based on his appointment date of August 6, 2026; his reported directly held option position after the grant was 2,275 options.

Insider Saddler Larry Michael
Role Director
Type Security Shares Price Value
Grant/Award Non-Statutory Stock Options F1 2,275 $0.00 $0.00
Holdings After Transaction: Non-Statutory Stock Options — 2,275 contracts (Direct)
Footnotes (1)
  1. F1. As compensation for services as a non-employee director during the quarter ended September 30, 2026, the reporting person was granted non-statutory stock options to purchase 2,275 shares of common stock under the ClearSign Technologies Corporation Amended and Restated 2021 Equity Incentive Plan pursuant to the issuer's non-employee director compensation policy, pro-rated based on an appointment date of August 6, 2026. These non-statutory stock options were immediately vested and exercisable on the grant date.
Options granted 2,275 non-statutory stock options Granted September 30, 2026
Underlying common shares 2,275 shares Shares covered by the options
Exercise price $3.55 per share Option exercise price
Direct option holdings after grant 2,275 options Reported position following the transaction
Expiration date September 29, 2036 Option expiration
non-statutory stock options financial
"granted non-statutory stock options to purchase 2,275 shares"
Non-statutory stock options are a type of reward that companies give to employees, allowing them to buy company shares at a set price within a certain period. Unlike formal or government-approved plans, these options are more flexible but may have different tax implications. For investors, they can influence a company's stock price and financial health, making them an important factor to consider.
immediately vested and exercisable financial
"immediately vested and exercisable on the grant date"
pro-rated financial
"pro-rated based on an appointment date of August 6, 2026"
Amended and Restated 2021 Equity Incentive Plan financial
"under the ClearSign Technologies Corporation Amended and Restated 2021 Equity Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many options did CLIR director Larry Michael Saddler receive?

Larry Michael Saddler received 2,275 non-statutory stock options on September 30, 2026, as compensation for services as a non-employee director during the quarter ended September 30, 2026.

What are the exercise terms for Larry Michael Saddler's CLIR options?

The options were immediately vested and exercisable on September 30, 2026, have an exercise price of $3.55 per share, and expire September 29, 2036.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Saddler Larry Michael

(Last)(First)(Middle)
8023 E. 63RD PLACE, SUITE 101

(Street)
TULSA OKLAHOMA 74133

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ClearSign Technologies Corp [ CLIR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Statutory Stock Options$3.5509/30/2026A2,275 (1)09/29/2036Common Stock2,275$0.002,275D
Explanation of Responses:
1. As compensation for services as a non-employee director during the quarter ended September 30, 2026, the reporting person was granted non-statutory stock options to purchase 2,275 shares of common stock under the ClearSign Technologies Corporation Amended and Restated 2021 Equity Incentive Plan pursuant to the issuer's non-employee director compensation policy, pro-rated based on an appointment date of August 6, 2026. These non-statutory stock options were immediately vested and exercisable on the grant date.
/s/ Larry M. Saddler10/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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