Hinds Brent 4

What Happened Brent Hinds, Chief Financial Officer of ClearSign Technologies Corp. (CLIR), received a one-time bonus award on February 26, 2026 consisting of 56,645 shares of common stock (awarded at $0.00) and 47,009 restricted stock units (RSUs). To satisfy withholding for taxes on the award, 20,761 shares were withheld/disposed at approximately $0.5616 per share (reported as $0.56), resulting in cash value withheld of about $11,659. The awards were granted as executive compensation for the 2025 year upon achievement of performance targets.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely within 2 business days).
• Grants: 56,645 shares (award, code A) and 47,009 RSUs (derivative award, code A); both reported as $0.00 acquisition price.
• Tax withholding (code F): 20,761 shares disposed at ~$0.5616/share; proceeds ~= $11,659.
• RSU terms: Each RSU represents a right to one share (or cash equivalent); RSUs vest in three equal installments beginning on the first anniversary of the grant.
• Shares owned after the transactions: not specified in the provided filing excerpts.
• Footnotes: award and RSU amounts were based on the Feb 26, 2026 closing price ($0.5616); the withholding reflects payment of the reporting person’s tax liability.

Context This is primarily a compensation award (not a market purchase). The withholding of shares to cover taxes is a routine disposition common when companies issue stock compensation; it does not by itself indicate buying or selling intent in the open market.