Basenese Lou 4

What Happened

• Lou Basenese, a director of ClearSign Technologies Corp (CLIR), received a grant of non‑statutory stock options to purchase 4,595 shares on June 30, 2026. The filing reports an acquisition price of $0.00 and lists the transaction as a derivative award (code A). Per the footnote, the options were granted as compensation for his service as a non‑employee director and were immediately vested and exercisable.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely filing).
• Transaction type/code: Grant/Award (derivative securities, code A).
• Amount: Options to purchase 4,595 shares; reported price $0.00; acquisition value reported as $0.
• Vesting/rights: Options were immediately vested and exercisable on the grant date (per footnote).
• Shares owned after transaction: Not specified in the information provided in this summary—see the filed Form 4 for total beneficial ownership.
• Accession no.: 0001104659-26-080470.

Context

• This was an equity compensation award to a non‑employee director (routine director pay), not an open‑market purchase or sale. Options give the holder the right to buy shares in the future; no exercise or sale was reported here. Such grants are common director compensation and do not by themselves indicate insider buying or selling intentions.