Tecogen (TGEN) director receives 25,000-share stock option grant at $5.17
Rhea-AI Filing Summary
Tecogen Inc. director John M. Albertine received a grant of stock options covering 25,000 shares of common stock. The options have an exercise price of $5.17 per share, vest 25% per year, and are scheduled to expire on June 26, 2036. Following this grant, he holds 25,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALBERTINE JOHN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 25,000 | $5.17 | $129K |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,000 shares (Direct)
Footnotes (1)
- F1. Vests 25% per year
Key Figures
Option grant size: 25,000 options
Exercise price: $5.17 per share
Underlying shares: 25,000 shares
+2 more
5 metrics
Option grant size
25,000 options
Stock Option (Right to Buy) grant
Exercise price
$5.17 per share
Conversion or exercise price for options
Underlying shares
25,000 shares
Common Stock underlying the options
Expiration date
June 26, 2036
Option expiration
Holdings after grant
25,000 derivative securities
Total options following transaction
Key Terms
Stock Option (Right to Buy), derivative, exercise price, vesting, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
exercise price financial
"conversion_or_exercise_price: 5.1700"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"Footnote: Vests 25% per year"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-06-26T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Tecogen (TGEN) report for John M. Albertine?
Tecogen reported that director John M. Albertine received a grant of stock options for 25,000 shares of common stock. These are compensation-related derivative awards, not an open-market purchase or sale of existing Tecogen shares.
What is the exercise price of John M. Albertine’s Tecogen stock options?
The granted Tecogen stock options have an exercise price of $5.17 per share. This is the fixed price at which he may buy Tecogen common stock under the option terms if and when the options are exercised.
What are the vesting terms of John M. Albertine’s Tecogen stock option grant?
The stock options vest 25% per year according to the footnote disclosure. This means the right to exercise is earned gradually over four years, aligning the director’s potential equity gains with longer-term service to Tecogen.
When do John M. Albertine’s Tecogen stock options expire?
The options are scheduled to expire on June 26, 2036. After that expiration date, any unexercised portion of the 25,000-share option grant will lapse, and he will no longer be able to buy Tecogen shares under this award.