Lewis Earl 4

What Happened

• Lewis Earl, a director of Tecogen Inc. (TGEN), was granted a derivative award for 25,000 shares on 2026-06-26. The reported price associated with the award is $5.17 per share, for a total reported value of $129,250. This transaction is an acquisition/award (not a sale).

Key Details

• Transaction date: 2026-06-26; Filing date: 2026-06-30 (filed timely).
• Transaction type: A (grant/award of a derivative security).
• Shares/units: 25,000; Price shown: $5.17; Total value reported: $129,250.
• Vesting: Vests 25% per year (footnote), implying a four-year vesting schedule.
• Shares owned after transaction: Not disclosed in the filing.
• No 10b5-1 plan, tax-withholding, or late-filing flags indicated in the filing.

Context

• This was a derivative equity award (commonly RSUs or similar units) that will convert to or permit acquisition of common shares according to the vesting schedule; it does not reflect an immediate open-market purchase or sale. Such awards are typically part of compensation and should be interpreted as an acquisition of equity-linked compensation rather than an immediate liquidity action.