Tecogen (TGEN) director buys 12,723 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TECOGEN INC. director Ahmed Ghoniem reported new share ownership through an option exercise and related stock purchase. He completed an open-market purchase of 12,723 shares of common stock at $0.786 per share and exercised stock options for 12,723 shares at the same price. Following these transactions, he holds 12,723 common shares directly and no remaining options from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,723 shares ($10,000)
Net Buy
2 txns
Insider
Ghoniem Ahmed
Role
null
Bought
12,723 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 12,723 | $0.786 | $10K |
| Purchase | Common Stock | 12,723 | $0.786 | $10K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 12,723 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market purchase: 12,723 shares at $0.786
Option exercise shares: 12,723 shares
Option exercise price: $0.786 per share
+2 more
5 metrics
Open-market purchase
12,723 shares at $0.786
Common Stock, transaction code P on April 24, 2026
Option exercise shares
12,723 shares
Stock Option (Right to Buy), code M on April 24, 2026
Option exercise price
$0.786 per share
Conversion or exercise price for 12,723 option shares
Shares held after transaction
12,723 shares
Total TECOGEN INC. common stock directly owned after transactions
Remaining options from this grant
0 shares
Total shares following transaction for Stock Option (Right to Buy)
Key Terms
open-market purchase, Stock Option (Right to Buy), derivative exercise/conversion, net-buy
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 12,723 common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with 12,723 underlying shares"
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" coded M for 12,723 shares"
net-buy financial
"transactionSummary shows netBuySellDirection as "net-buy" for these trades"
FAQ
What insider transaction did Ahmed Ghoniem report at TECOGEN INC. (TGEN)?
Ahmed Ghoniem reported acquiring TECOGEN INC. common stock. He made an open-market purchase and exercised stock options tied to 12,723 shares, consolidating his position into directly held common shares at a price of $0.786 per share.
What type of derivative transaction did Ahmed Ghoniem execute in TECOGEN INC. (TGEN)?
He executed a derivative exercise/conversion coded “M,” exercising stock options for 12,723 underlying shares at a conversion price of $0.786. After this exercise, the reported stock option position from this grant dropped to zero.
Was the TECOGEN INC. (TGEN) Form 4 transaction a buy or a sell?
The Form 4 reflects a net buy. It records one open-market purchase of 12,723 common shares and one derivative option exercise for 12,723 shares, with no reported sales or tax-withholding dispositions in this filing.