Lafaille Stephen 4
Research Summary
AI-generated summary
TecoGen (TGEN) VP Stephen Lafaille Receives Restricted Stock Award
What Happened
Stephen Lafaille, Vice President of Business Development at TecoGen, was granted a restricted stock award of 29,013 shares on 2026-06-26. The grant is reported as an award (Form 4 code A); no cash price or immediate sale is involved and no total dollar value is provided in the filing. The award is governed by the company's 2022 Stock Incentive Plan and vests 25% per year.
Key Details
- Transaction date: 2026-06-26. Filing date (Form 4): 2026-06-30.
- Transaction type: Award/Grant (code A). Shares granted: 29,013. Price: N/A (restricted award).
- Vesting: 25% per year (footnotes reference the 2022 Stock Incentive Plan).
- Shares owned after transaction: not specified in the reported data.
- No indication of a 10b5-1 plan, tax withholding, or immediate sale in the filing.
Context
Restricted stock awards are long-term compensation that vest over time and do not represent an immediate purchase or sale. Such awards are primarily compensation-related and do not by themselves signal the insider buying or selling into the market.