LOEB JAN H 4
Research Summary
AI-generated summary
Acorn Energy 10% Owner Jan H. Loeb Receives 25,000-Share Award
What Happened Jan H. Loeb, a reported 10% owner of Acorn Energy, Inc. (ACFN), was granted a derivative award on January 19, 2026 for 25,000 shares at $0.00 (reported as a grant/acquisition). The grant is reported as a derivative instrument (options) and carries no immediate cash purchase price. This is a grant under a consulting agreement rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-01-19; Form 4 filed 2026-01-21 (timely within the 2-business-day requirement).
- Transaction code: A (award/grant); instrument reported as a derivative.
- Quantity and price: 25,000 shares @ $0.00 (grant of options/award).
- Shares owned after transaction: Not specified in this filing.
- Footnotes from the filing:
- F1: Granted pursuant to a consulting agreement between the reporting person and the issuer.
- F2: Vesting: 1/12 of the options vest and are immediately exercisable; remaining options vest in 11 equal quarterly installments starting 4/1/2026.
- F3: Expiration: Options expire on the earlier of (a) 1/1/2033 or (b) 18 months after the reporting person ceases to be a director, officer, employee or consultant.
Context
- This filing documents an option/grant award, not an exercise or sale — no shares were sold or exercised here. Options have a staged vesting schedule and a multi-year expiration window.
- As a reported 10% owner, Loeb is an insider for Section 16 purposes; grants to 10% owners and consultants can reflect compensation arrangements rather than market-driven trading signals.