Deschenes Roger P. 4
Research Summary
AI-generated summary
TecoGen (TGEN) CAO Roger P. Deschenes Buys 10,000 Shares
What Happened
Roger P. Deschenes, Chief Accounting Officer of TecoGen, reported an insider purchase of 10,000 shares of TecoGen common stock. The transaction was reported as a purchase (Form 4 code P) on a trade dated 2026-03-20 at $2.23 per share, for a total acquisition cost of $22,300. Purchases by insiders are often noted by investors as a more informative signal than routine sales, though no motive should be assumed from the filing alone.
Key Details
- Transaction date: 2026-03-20; Report filed: 2026-03-23.
- Transaction type/code: Open market/private purchase (P).
- Shares acquired: 10,000 at $2.23 each; Total value: $22,300.
- Shares owned after transaction: Not specified in the summary provided — see the full Form 4 for post-transaction holdings.
- Footnotes/plan notes: No 10b5-1 plan, tax withholding, or other footnotes noted in the provided excerpt.
- Filing timeliness: Reported on 2026-03-23 for a 2026-03-20 trade; no late-filing flag was provided in the information supplied here (check the Form 4 for the official timeliness indicator).
Context
This was a straightforward equity purchase (not an option exercise, gift, or award). For full context and to confirm holdings or timeliness, retail investors should review the complete Form 4 (Accession 0001537435-26-000020) on the SEC EDGAR site.