Hinds Brent 4

What Happened
Brent Hinds, CFO of ClearSign Technologies (CLIR), had 10,127 restricted stock units (RSUs vest) convert into shares on February 2, 2026. Of those vested shares, 3,711 were withheld to cover taxes (withholding value reported as $2,223 based on the Feb 2, 2026 closing price of $0.5991), leaving a net issuance to Hinds of 6,416 shares. This was an equity award/vesting event rather than an open-market purchase or sale.

Key Details

• Transaction date: February 2, 2026. Form 4 filed Feb 4, 2026 (timely within typical Section 16 reporting window).
• Actions reported: conversion/vesting of RSUs (code M) for 10,127 shares; tax withholding (code F) of 3,711 shares at ~$0.5991/share, totaling ~$2,223.
• Net shares received: 10,127 vested − 3,711 withheld = 6,416 shares retained by the reporting person.
• Footnotes: RSUs were part of a 30,380 RSU grant made Feb 2, 2023 as a one-time bonus; the RSUs vest in three equal installments beginning Feb 2, 2024 (this tranche was ~1/3 of the grant). RSUs represent a right to one share each.
• Transaction codes explained: M = conversion of RSU/derivative into shares; F = shares withheld to satisfy tax withholding.
• No market sale occurred—this is routine vesting and tax withholding, not an open-market disposition.

Context
RSU vesting events are standard compensation-related issuances and do not necessarily signal insider confidence or a trading view. The tax-withholding was handled by share retention (cashless withholding), which is common when RSUs vest.