Silva Gil Todd 4
Research Summary
AI-generated summary
ClearSign (CLIR) Director Silva Gil Todd Buys 4,000 Shares
What Happened
- Silva Gil Todd, a director of ClearSign Technologies Corp (CLIR), made two open-market purchases: 2,000 shares on March 16, 2026 and 2,000 shares on March 17, 2026, for a total of 4,000 shares.
- The filing lists prices of $4.36 (Mar 16) and $4.20 (Mar 17) for reported totals of $8,710 and $8,400 respectively; a footnote clarifies the Mar 16 price was $4.355/share. Combined cost ≈ $17,110.
- This was a purchase (acquisition), which is generally viewed as a direct insider buy rather than a sale or derivative transaction.
Key Details
- Transaction dates and prices: Mar 16, 2026 — 2,000 shares at $4.36 (footnote: $4.355); Mar 17, 2026 — 2,000 shares at $4.20.
- Transaction type: P = Purchase (open-market).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 confirms the exact per-share prices for the two open-market purchases.
- Filing date vs. transaction dates: Form 4 filed on Mar 19, 2026 (no late-filing indication in the provided record).
Context
- These are outright open-market purchases (not option exercises, gifts, or awards), so the filing documents an insider adding to a personal stake.
- The filing does not state reasons for the buys; purchases are factual disclosures and do not by themselves explain the insider’s intent.