Director at TECOGEN (TGEN) makes open-market purchase of 5,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TECOGEN INC. director Susan B. Hirsch reported an open-market purchase of 5,000 shares of the company’s Common Stock. The shares were bought at a price of $3.73 per share. After this transaction, she directly owns 265,416 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($18,650)
Net Buy
1 txn
Insider
Hirsch Susan B
Role
Director
Bought
5,000 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $3.73 | $19K |
Holdings After Transaction:
Common Stock — 265,416 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $3.73 per share
Shares owned after transaction: 265,416 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market purchase of Common Stock
Purchase price
$3.73 per share
Price paid for Common Stock on transaction date
Shares owned after transaction
265,416 shares
Direct ownership of TECOGEN Common Stock following purchase
Net buy/sell shares
5,000 shares
Net result of reported Form 4 activity (net-buy)
Key Terms
open-market purchase, Common Stock, Form 4, net-buy
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
net-buy financial
"transactionSummary shows netBuySellDirection: "net-buy""
FAQ
What insider transaction did TECOGEN (TGEN) director Susan B. Hirsch report?
Susan B. Hirsch reported an open-market purchase of 5,000 TECOGEN Common Stock shares. The transaction was recorded as a Form 4 filing and reflects a direct ownership increase in the company’s shares.
Was the TECOGEN (TGEN) insider trade an open-market purchase or another type?
The filing classifies the transaction as an open-market purchase of Common Stock. This means the shares were acquired through regular market trading rather than as a grant, award, or private settlement.
Does the TECOGEN (TGEN) Form 4 show any stock option or derivative exercises?
The Form 4 data shows no derivative transactions or option exercises. All reported activity relates to a single non-derivative Common Stock purchase, with no remaining derivative positions listed in the filing excerpt.