Form 4: ClearSign Technologies CFO Brent Hinds Reports Stock Transactions
SEC Form 4 Filing
ClearSign Technologies' CFO, Brent Hinds, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 24, 2025, Brent Hinds, CFO of ClearSign Technologies Corp, reported transactions involving the company's common stock.
- 7,547 restricted stock units (RSUs) vested, converting into an equal number of shares.
- Hinds also had 2,636 shares withheld to cover tax liabilities related to the RSU vesting at a price of $0.7994 per share.
- Following these transactions, Hinds directly owns 117,840 shares of ClearSign Technologies Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Reporting person was granted 22,641 RSUs. |
| February 24, 2025 | Vesting of 7,547 restricted stock units and tax withholding. |
| February 25, 2025 | Date of signature for the Form 4 filing. |
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