4/AFiled Sep 7, 8:00 PM ET
Tecogen (TGEN) VP Stephen Lafaille Receives Restricted Stock Award
$TGEN · TECOGEN INC.Research Summary
AI-generated summary of this SEC filing
Tecogen (TGEN) VP Stephen Lafaille Receives Restricted Stock Award
What Happened
- Stephen Lafaille, Tecogen (TGEN) Vice President of Business Development, received a restricted stock award of 29,013 shares on June 26, 2026. The grant was reported at $0.00 per share (no cash paid). This is an equity award (not an open‑market purchase or sale) and will vest over time rather than being immediately liquid.
Key Details
- Transaction date: 2026-06-26; Transaction type: Award/Grant (code A); Price: $0.00 per share.
- Shares granted: 29,013 restricted shares; total value shown in filing: $0.
- Vesting: Restrictions lapse 25% per year (Tecogen Inc. 2022 Stock Incentive Plan) — full vesting in four years if schedule is met.
- Shares owned after transaction: Not specified in this amendment; footnote indicates a corrected beneficial ownership figure following the grant (see F3).
- Filing status: This is an AMENDED Form 4 (filed Sept 8, 2026) correcting the number of shares beneficially owned previously reported on the Form 4 filed June 30, 2026.
Context
- Restricted stock awards are compensation, not market purchases or sales; they typically signal retention/compensation rather than immediate trading intent. The amendment corrects prior reporting details about beneficial ownership; investors should review the amended Form 4 for the corrected ownership figures.