TECOGEN (TGEN) CEO Rangesh Abinand purchases 3,000 common shares
Rhea-AI Filing Summary
TECOGEN INC. Chief Executive Officer and Chief Financial Officer Rangesh Abinand reported an open-market purchase of 3,000 shares of common stock on 2026-03-20 at a price of $2.298 per share. Following this transaction, his directly reported holdings increased to 67,193 shares of common stock.
According to a footnote, 2,500 of the purchased shares were acquired by Rangesh Abinand and 500 shares were acquired by his daughter, all reported in this Form 4. The transaction is classified as a non-derivative, open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares
Net Buy
1 txn
Insider
Rangesh Abinand
Role
Chief Executive Officer
Bought
3,000 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $2.298 | $7K |
Holdings After Transaction:
Common Stock — 67,193 shares (Direct)
Footnotes (1)
- F1. 2,500 shares acquired by Abinand Rangesh and 500 shares acquired by daughter
FAQ
What insider transaction did TECOGEN INC. (TGEN) report for Rangesh Abinand?
TECOGEN reported that Chief Executive Officer Rangesh Abinand bought 3,000 shares of common stock in an open-market transaction on March 20, 2026. The filing classifies this as a non-derivative purchase under code P, indicating a standard market buy.
What does transaction code P indicate in the TECOGEN (TGEN) Form 4 filing?
Transaction code P in this Form 4 indicates a purchase in an open market or private transaction. For TECOGEN, it confirms that the 3,000 shares reported for Rangesh Abinand were acquired through a straightforward buying transaction rather than an option exercise or gift.
Does the TECOGEN (TGEN) Form 4 show any derivative or option activity for Rangesh Abinand?
The Form 4 indicates no derivative transactions for this event, focusing solely on a non-derivative common stock purchase. The derivative summary is empty, meaning the filing does not report any option exercises, conversions, or other derivative-related activity for this date.
AI-generated analysis. How Rhea-AI works. Not financial advice.