TECOGEN (TGEN) CEO Rangesh Abinand purchases 3,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
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 ($6,894)
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)
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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.