Form 4: ClearSign Technologies Director Judith S. Schrecker Granted Restricted Stock Units

ClearSign Technologies Corp Director Judith S. Schrecker received 46,296 Restricted Stock Units as compensation for her services.

Summary

• Judith S. Schrecker, a Director of ClearSign Technologies Corp (CLIR), was granted 46,296 Restricted Stock Units (RSUs).
• The transaction date for this grant was July 1, 2025.
• The RSUs were granted as compensation for services as a non-executive director during the quarter ending September 30, 2025.
• The grant was made under the ClearSign Technologies Corporation 2021 Equity Incentive Plan.
• Each RSU represents a right to receive one share of common stock or its cash equivalent.
• Following this transaction, Judith S. Schrecker beneficially owns 431,957 derivative securities (RSUs).
• The RSUs will vest upon the first to occur of a Change in Control, the reporting person's Disability, death, or separation from service.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it represents routine director compensation, which aligns interests and is part of standard corporate governance, with no negative implications disclosed.

Positives

• The grant of Restricted Stock Units to a director aligns the director's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• Utilizing an existing equity incentive plan (2021 Equity Incentive Plan) demonstrates a structured approach to executive and director compensation.

Future Outlook

The Restricted Stock Units granted to Director Judith S. Schrecker are subject to future vesting conditions, including a Change in Control, Disability, death, or separation from service, indicating a long-term incentive structure.

Management Comments

• The grant of RSUs is compensation for services as a non-executive director during the quarter ending September 30, 2025, under the ClearSign Technologies Corporation 2021 Equity Incentive Plan.

Industry Context

The grant of Restricted Stock Units to non-executive directors is a common practice in publicly traded companies, serving as a form of compensation that aligns the interests of the board with shareholders by tying a portion of their remuneration to the company's equity performance. This practice is standard across various industries, including technology.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for director compensation is a widely adopted practice across public companies, including those in the technology sector, aligning with common corporate governance standards.
• While the specific number of RSUs (46,296) granted to Director Schrecker is disclosed, the document does not provide context for direct comparison to compensation levels at specific comparable companies or industry benchmarks without external data.

Corporate Governance

Related Party Transactions

• The grant of Restricted Stock Units to a director constitutes a related party transaction, as it involves compensation to an insider, but it is a standard and disclosed form of remuneration.

Stakeholder Impact

• Shareholders: Potential for minor dilution upon RSU vesting, but also benefit from increased alignment of director's interests with long-term company performance.
• Director (Judith S. Schrecker): Receives equity-based compensation for services, tying her personal financial interest to the company's stock performance.

Next Steps

• The Restricted Stock Units will vest upon the occurrence of specific future events: a Change in Control, the reporting person's Disability, death, or separation from service.

Key Dates

Keywords

ClearSign Technologies, CLIR, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Incentive Plan, Form 4, Beneficial Ownership