Ghoniem Ahmed 4

What Happened

• Ghoniem Ahmed, a director of TecoGen Inc. (TGEN), was granted 25,000 derivative shares on 2026-06-26. The grant is recorded at $5.17 per share, for a total reported value of $129,250. The transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-26; filing accession date: 2026-06-30.
• Grant amount: 25,000 shares at $5.17 per share; total value $129,250.
• Transaction type: Award/derivative grant (Form 4 code A).
• Shares owned after the transaction: Not disclosed in the provided filing details.
• Footnote: The award vests 25% per year (suggesting a four-year vesting schedule).
• Filing timeliness: Filed 2026-06-30; the filing does not indicate a late filing.

Context

• This was a compensation award (derivative grant), commonly part of director pay — not a sale or open-market purchase. The vesting schedule means the shares will become exercisable or delivered over time (25% vest each year). Such grants are routine and reflect compensation rather than an immediate market buy/sell signal.