TurnOnGreen, Inc.: president Marcus Charuvastra received 9,000,000 shares

What happened

• Marcus Charuvastra, president and director, was granted options covering 9,000,000 shares. The grant price is $0.00 and the filing reports a derivative acquisition with total value $0.

Key details

• Transaction date: Oct 16, 2026. Transaction code: A (award/grant).
• Price per share reported: $0.00. Total reported value: $0.
• Vesting (footnote F1): 50% vest on the grant date, 25% vest after 3 months, and 25% vest after 6 months, subject to continued service; granted under the Issuer’s 2026 Stock Incentive Plan.
• Shares owned after the transaction: not reported on this Form 4.
• Filing date on EDGAR: Oct 16, 2026. The filing does not indicate lateness.

Why it may matter

• The Form 4 reports a grant of stock options (a derivative award), not an open-market purchase or sale and not an exercise.
• A filing does not show why the insider traded or why the company acted.