4/AFiled Sep 7, 8:00 PM ET

Tecogen (TGEN) VP Stephen Lafaille Receives Restricted Stock Award

$TGEN · TECOGEN INC.

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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.