Tecogen CEO granted stock and option awards
Tecogen Inc. director and CEO Rangesh Abinand received new equity awards in the form of common stock and stock options.
Rhea-AI Filing Summary
Tecogen Inc. director and CEO Rangesh Abinand received new equity awards in the form of common stock and stock options. He was granted 174,081 shares of common stock as a restricted stock award at no cash cost, vesting 25% per year under the 2022 Stock Incentive Plan. He also received an incentive stock option covering 26,041 shares of common stock at an exercise price of $5.17 per share, which also vests 25% per year and is exercisable until June 26, 2036. Following these grants, his reported direct holdings are 174,081 common shares and options on 26,041 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 26,041 | $5.17 | $135K |
| Grant/Award | Common Stock | 174,081 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted Stock Award pursuant to 2022 Stock Incentive Plan. Vests 25% per year.
- F2. Vests 25% per year.
- F3. Incentive Stock Option pursuant to 2022 Stock Incentive Plan.
Key Figures
Key Terms
Restricted Stock Award financial
2022 Stock Incentive Plan financial
Incentive Stock Option financial
Vests 25% per year financial
Stock Option (Right to Buy) financial
FAQ
What equity awards did Tecogen (TGEN) CEO Rangesh Abinand receive?
What are the vesting terms of the Tecogen (TGEN) CEO’s restricted stock award?
What are the key terms of the Tecogen (TGEN) CEO’s stock option grant?
Is the Tecogen (TGEN) CEO’s Form 4 a market purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.