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ClearSign Technologies Corp·4

Jul 24, 4:46 PM ET

PASQUESI JOHN M 4

Research Summary

AI-generated summary

Updated

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.