PASQUESI JOHN M 4
4 · ClearSign Technologies Corp · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
ClearSign (CLIR) 10% Owner John M. Pasquesi Buys 500,000 Shares
What Happened
John M. Pasquesi, a 10% owner of ClearSign Technologies Corp (CLIR) and managing member of Otter Capital LLC, acquired 500,000 shares on July 22, 2026. The purchase price was $3.54 per share, for a total transaction value of $1,770,000. This was a purchase transaction (code P), which investors often view as a bullish signal compared with insider sales.
Key Details
- Transaction date: 2026-07-22; Form filed: 2026-07-24 (appears timely).
- Transaction type: Open market or private purchase (code P).
- Shares acquired: 500,000 at $3.54 per share; total = $1,770,000.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — Issuer completed a 1-for-10 reverse stock split effective March 16, 2026. F2 — Reporting person is the managing member of Otter Capital LLC.
- No indication in the provided data that this was part of a 10b5-1 plan or that the filing was late.
Context
As a reported 10% owner (and manager of Otter Capital LLC), Pasquesi is a significant shareholder; transactions by 10% owners are tracked by investors but are not the same as routine executive compensation trades. The March 2026 reverse split (1-for-10) affects historical share counts and should be considered when comparing past filings.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-07-22$3.54/sh+500,000$1,770,000→ 1,343,477 total(indirect: By LLC)
Footnotes (2)
- [F1]The Issuer effected a reverse stock split of its outstanding common stock at a ratio of 1-for-10, effective as of 12:01 a.m., Eastern Time, on March 16, 2026.
- [F2]The reporting person is the managing member of Otter Capital LLC.