Peterson David Theodore JR 4

What Happened

• David T. Peterson Jr., a director of Ascent Solar Technologies, received a grant of options covering 100,000 shares (recorded as an acquisition at $0.00) on July 2, 2026. The Form 4 shows this as a derivative award (an option grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-02. Filing date (Form 4): 2026-07-06.
• Transaction type: Grant / award of derivative securities (options) — 100,000 shares; amount paid by insider shown as $0.00.
• Vesting schedule (per filing footnote): 1/3 vests 7/31/2026, 1/3 vests 7/31/2027, 1/3 vests 7/31/2028. Unvested options accelerate and fully vest upon a change of control (per the company's equity incentive plan).
• Board approval: Grant approved by the Issuer’s Board of Directors on July 2, 2026 (footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: The provided record does not indicate a late filing.

Context

• This was a compensation-related option grant to a director. The award does not represent immediate share ownership or a cash purchase — the options must vest before the director can exercise them. There is no indication the options were exercised or shares sold; such grants are commonly used to align directors’ interests with shareholders but should not be read alone as a buy/sell signal.