Hirsch Susan B 4

What Happened
Susan B. Hirsch, a director of TecoGen Inc. (TGEN), was granted 25,000 shares as a derivative award on 2026-06-26. The grant is reported at a per-share value of $5.17, for a total grant value of $129,250. The filing categorizes the transaction as an acquisition/award (code A, derivative).

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely filing).
• Award size and price: 25,000 shares at $5.17 per share — total $129,250.
• Security type: Derivative award (reported as an acquisition/award).
• Vesting: Footnote F1 — vests 25% per year (implies a four-year vesting schedule).
• Shares owned after transaction: Not provided in the information supplied.
• No indication of a 10b5-1 plan, tax withholding, sale, or cashless exercise in the provided data.

Context
This is a grant/award (not an open-market purchase or sale). Derivative awards like this are commonly used for compensation and typically vest over time; they do not necessarily reflect immediate buying or selling activity. The grant increases insider alignment with shareholders as it vests, but motivations are not stated in the filing.