Form 4: ClearSign Technologies CEO Colin Deller Reports Stock Award and Tax Withholding
SEC Form 4 Filing
ClearSign Technologies CEO Colin James Deller reports the acquisition of 100,393 shares as a bonus and the disposal of 49,846 shares for tax withholding on February 20, 2025.
Summary
- On February 20, 2025, Colin James Deller, CEO of ClearSign Technologies Corp, acquired 100,393 shares of common stock as a bonus.
- The bonus was a one-time grant for services as an executive officer for the year ended December 31, 2024.
- The share price on February 20, 2025, was $0.8588.
- Deller also disposed of 49,846 shares to cover his tax liability related to the bonus.
- Following these transactions, Deller beneficially owns 171,853 shares of ClearSign Technologies Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions related to executive compensation and tax obligations; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Year end for which the bonus was awarded. |
| 02/20/2025 | Date of stock award and tax withholding. |
| 02/24/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Executive Compensation, Stock Award, Tax Withholding, Colin Deller, ClearSign Technologies, CLIR
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