Robert A. Panora - 16 Jun 2025 Form 4 Insider Report for TECOGEN INC. (TGEN)

Role
COO and President
Signature
/s/ Robert A. Panora
Issuer symbol
TGEN
Transactions as of
16 Jun 2025
Net transactions value
+$89,101
Form type
4
Filing time
20 Jun 2025, 08:50:37 UTC
Previous filing
14 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PANORA ROBERT A COO and President C/O TECOGEN, INC., 76 TREBLE COVE ROAD, BLDG 1, N. BILLERICA /s/ Robert A. Panora 20 Jun 2025 0001585814

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGEN Common Stock Exercise of in-the-money or at-the-money derivative security $10,051 +12,723 +18% $0.7900 82,723 16 Jun 2025 Direct F1
transaction TGEN Common Stock Exercise of in-the-money or at-the-money derivative security $21,300 +30,000 +36% $0.7100 112,723 16 Jun 2025 Direct F2
transaction TGEN Common Stock Exercise of in-the-money or at-the-money derivative security $57,750 +52,500 +47% $1.10 165,223 16 Jun 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TGEN Stock Option (Right to Buy) 100,000 16 Jun 2025 Common Stock 100,000 $0.7100 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of option to purchase shares of common stock pursuant to Stock Option Agreement dated 4/29/2016
F2 Exercise of option to purchase shares of common stock pursuant to Stock Option Agreement dated 7/9/2020
F3 Exercise of option to purchase shares of common stock pursuant to Stock Option Agreement dated 1/21/2022
F4 Option to purchase the remaining 100,000 unvested shares of common stock pursuant to Stock Option Agreement dated 7/9/2020 vest once the company has achieved 3% Adjusted EBITDA for four consecutive quarters