Rabover Peter 4
Research Summary
AI-generated summary
Acorn Energy (ACFN) Director Peter Rabover Receives 3,125-Share Option Award
What Happened
Peter Rabover, a director of Acorn Energy, was granted a derivative award on 2026-01-19 covering 3,125 shares (reported acquisition price $0.00). This is an option/award grant under the issuer's non‑employee director compensation policy — not an open‑market purchase or sale, so no cash changed hands at grant.
Key Details
- Transaction date: 2026-01-19; Form 4 filed 2026-01-21 (timely filing).
- Reported as a derivative grant: 3,125 shares @ $0.00 (acquisition value reported $0).
- Vesting/exercise schedule (footnote): 1/4 immediately exercisable; additional 1/4 vest on 4/1/26, 7/1/26 and 10/1/26.
- Expiration (footnote): 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/consultant.
- Shares owned after the transaction: not specified in the filing.
Context
This is a routine director compensation award rather than a buy or sell — such grants are common to compensate non‑employee directors. As a derivative (option) grant, the award gives the right to acquire shares later per the stated vesting and expiration terms; it does not by itself indicate immediate insider buying or selling activity.