Rangesh Abinand 4

What Happened
Rangesh Abinand, CEO of TECOGEN, reported a purchase of 3,000 common shares on 2026-03-20 (Form 4 filed 2026-03-23). The filing lists the transaction as a purchase (code P) at $2.30 per share for a reported total of $6,894. A footnote clarifies 2,500 of the shares were acquired by Abinand Rangesh and 500 were acquired by his daughter.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (timely filing).
• Price: $2.30 per share; total reported cost: $6,894.
• Shares acquired: 3,000 total (2,500 to Rangesh Abinand; 500 to his daughter) — per footnote F1.
• Transaction code: P (purchase — open market or private purchase as reported).
• Shares owned after the transaction: not stated in the filing.

Context
Insider purchases can be of interest to investors because they represent the insider putting personal capital into the company, though the size here is modest (~$6.9k). The filing does not indicate options exercised, gifts, or tax withholding — this was a straight purchase. As always, purchases are one data point and should be considered alongside company fundamentals and other disclosures.