Form 4: ClearSign Technologies Director Judith Schrecker Receives Stock Units

Director Judith Schrecker was granted 18,794 restricted stock units (RSUs) as compensation for her services as a non-executive director.

Summary

• Judith Schrecker, a director at ClearSign Technologies Corp, received 18,794 restricted stock units (RSUs) on January 2, 2025.
• These RSUs were granted as compensation for her services as a non-executive director for the quarter ending March 31, 2025.
• Each RSU represents the right to receive one share of common stock or the cash equivalent.
• The RSUs will vest upon a change in control, disability, death, or separation from service of the reporting person.
• Following this transaction, Ms. Schrecker beneficially owns 351,926 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine compensation event, which is generally neutral to positive. The grant of RSUs aligns director interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting conditions provide an incentive for continued service and commitment to the company.

Industry Context

This is a standard practice for compensating non-executive directors in publicly traded companies, aligning their interests with shareholders through equity-based compensation.

Comparison to Industry Standards

• Granting restricted stock units to non-executive directors is a common practice across various industries.
• The vesting conditions of the RSUs are typical, including change in control, disability, death, or separation from service.
• The number of RSUs granted is likely based on the company's compensation policy and the director's role and responsibilities.

Stakeholder Impact

• The grant of RSUs to a director may be viewed positively by shareholders as it aligns interests.
• The vesting conditions provide an incentive for the director to remain engaged with the company.

Key Dates

Keywords

restricted stock units, RSU, director compensation, equity incentive plan, beneficial ownership, ClearSign Technologies, CLIR