Berezovsky Louis C. 4

What Happened
Louis C. Berezovsky, a director of Ascent Solar Technologies, was granted a derivative award on July 2, 2026 covering 95,000 shares. The Form 4 lists the grant as acquired at $0.00 (no cash paid at grant); this is an option/award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
• Reported transaction: Grant/award of options covering 95,000 shares (derivative), reported at $0.00.
• Shares owned after transaction: Not stated in the provided filing details.
• Footnotes: F1 — Grant was approved by the Board on July 2, 2026. F2 — Vesting: one-third vests 7/31/2026, one-third 7/31/2027, and one-third 7/31/2028; unvested options accelerate and fully vest upon a change of control per the equity plan.
• Timing: The Form 4 was filed four days after the transaction date; Form 4s are generally due within two business days, so this filing may be late (filing shows date but does not indicate a 10b5-1 plan or other exemption).

Context
This was an equity award (options) to a board member, common as part of director compensation. Because it’s a grant (not an exercise or sale), it does not represent immediate cash proceeds or a market buy/sell signal — value depends on the option strike and future vesting. The vesting schedule requires continued service through the listed dates unless a change of control triggers acceleration.