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TurnOnGreen grants president 9M stock options

Half of the options vest on the grant date; the remainder vests after three and six months, subject to continued service.

(Neutral)

Sentiment and the balance of points

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Form Type
4

Rhea-AI Filing Summary

TurnOnGreen, Inc. (TOGI) reported that its board approved a grant of stock options to President and director Marcus Charuvastra covering 9,000,000 shares of common stock. The options have an exercise price of $0.0199 per share and expire October 16, 2036. They vest 50% on the grant date, 25% after three months, and the remaining 25% after six months, subject to continued service.

Insider Charuvastra Marcus
Role President
Type Security Shares Price Value
Grant/Award Stock Options F1 9,000,000 $0.00 $0.00
Holdings After Transaction: Stock Options — 9,000,000 contracts (Direct)
Footnotes (1)
  1. F1. On October 16, 2026, the Board of Directors of TurnOnGreen, Inc. (the “Issuer”) approved the grant of stock options to Marcus Charuvastra, its President and a Director, pursuant to the Issuer’s 2026 Stock Incentive Plan. The options vest as follows: 50% on the grant date, 25% after three months, and the remaining 25% after six months, subject to continued service.
Options granted 9,000,000 options Covering common stock; grant approved October 16, 2026
Exercise price $0.0199 per share Options covering common stock
Grant-date vesting 50% Vests on the grant date
Three-month vesting 25% Vests after three months
Six-month vesting 25% Remaining options vest after six months
Expiration date October 16, 2036 Stock options
stock options financial
"grant of stock options to Marcus Charuvastra"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
2026 Stock Incentive Plan financial
"pursuant to the Issuer’s 2026 Stock Incentive Plan"
vest financial
"The options vest as follows: 50% on the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"subject to continued service"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many stock options did TOGI President Marcus Charuvastra receive?

President and director Marcus Charuvastra received stock options covering 9,000,000 shares of common stock, with an exercise price of $0.0199 per share.

What is the vesting schedule for the TOGI options granted to Marcus Charuvastra?

The options vest 50% on the grant date, 25% after three months, and the remaining 25% after six months, subject to continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Charuvastra Marcus

(Last)(First)(Middle)
2030 RINGWOOD AVE.

(Street)
SAN JOSE CALIFORNIA 95131

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TurnOnGreen, Inc. [ TOGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$0.019910/16/2026A9,000,000 (1)10/16/2036Common Stock9,000,000$09,000,000D
Explanation of Responses:
1. On October 16, 2026, the Board of Directors of TurnOnGreen, Inc. (the "Issuer") approved the grant of stock options to Marcus Charuvastra, its President and a Director, pursuant to the Issuer's 2026 Stock Incentive Plan. The options vest as follows: 50% on the grant date, 25% after three months, and the remaining 25% after six months, subject to continued service.
/s/ Marcus Charuvastra10/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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