Deller Colin James 4/A
4/A · ClearSign Technologies Corp · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
ClearSign (CLIR) CEO Colin Deller Receives Award; Shares Withheld
What Happened
Colin James Deller, Chief Executive Officer of ClearSign Technologies Corp (CLIR), received a one-time bonus award of 7,001 shares on February 26, 2026 (code A), reported in an amended Form 4. The award is shown at $5.62 per share (total reported value $39,318). To satisfy tax withholding obligations (code F), 3,501 of those shares were withheld/disposed at the same price (reported value $19,662), leaving a net increase of 3,500 shares (net value reported $19,656).
Key Details
- Transaction date: February 26, 2026 (reported originally on Form 4 filed March 2, 2026; this is an amended filing dated April 27, 2026).
- Price: $5.62 per share (figures adjusted for the 1-for-10 reverse stock split; footnote cites closing price $5.616 on Feb 26 as basis for withholding).
- Shares acquired (award): 7,001 — reported value $39,318.
- Shares withheld (tax): 3,501 — reported value $19,662.
- Net shares retained from the grant: 3,500 (net reported value ~$19.7k).
- Footnotes: Amendment corrects the number of shares granted, the number withheld for taxes, and the post-transaction beneficial ownership; all amounts/prices adjusted for the 1-for-10 reverse split effected March 16, 2026.
- Timeliness: Original Form 4 was filed March 2, 2026 (timely). This filing is an amendment to correct reported figures.
Context
This transaction reflects a compensation award (one-time bonus for services for the year ended Dec 31, 2025) and routine tax withholding — not an open-market buy or sell. For retail investors, compensation awards indicate company-paid equity to executives but do not necessarily signal personal buying or selling intent. Consult the amended Form 4 for the updated total beneficial ownership after these transactions.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-26$5.62/sh+7,001$39,318→ 34,967 total - Tax Payment
Common Stock
[F1][F2]2026-02-26$5.62/sh−3,501$19,662→ 31,466 total
Footnotes (2)
- [F1]On March 2, 2026, the reporting person filed a Form 4 reporting the receipt of 210,043 shares of the Issuer's common stock, on a pre-reverse stock split basis, as a one-time bonus grant for services as an executive officer for the year ended December 31, 2025 (the "Original Form 4"). This amendment to the Original Form 4 is being filed to correct (i) the number of shares received in connection with the reporting person's one-time bonus grant, (ii) the number of shares withheld for tax purposes, and (iii) the number of securities beneficially owned following such transactions. The number of shares withheld is based on the closing price of the Issuer's common stock on February 26, 2026, of $5.616, as adjusted for the 1-for-10 reverse stock split effected by the Issuer on March 16, 2026.
- [F2]Amounts and price per share figures have been adjusted to reflect the 1-for-10 reverse stock split effected by the Issuer on March 16, 2026.