Clifford Tracy Simmons 4

What Happened Clifford Tracy Simmons, CFO of Acorn Energy, was granted a 25,000-share derivative award (options) on 2026-01-19. The grant was recorded at $0.00 cash paid. The filing classifies this as an award/acquisition of derivative securities rather than an open‑market buy or sale.

Key Details

• Transaction date: 2026-01-19; Form 4 filed 2026-01-21 (appears timely).
• Amount: 25,000 derivative shares (options) granted; exercise/purchase price shown as $0.00 on the grant line in the filing.
• Vesting: One‑twelfth of the options are immediately vested and exercisable; the remaining options vest in eleven equal quarterly installments beginning 4/1/2026 (per footnote).
• Expiration/term: Options expire on the earlier of (a) 1/1/2033 or (b) 18 months after the reporting person ceases to be a director, officer, employee or consultant.
• Grant source: Issued under a consulting agreement between Acorn Energy and Tracy Clifford Consulting, LLC (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context This is a derivative/options grant (an award), not a cash purchase or sale. Such grants are commonly used for compensation or consulting arrangements and do not by themselves indicate a buy/sell signal. The schedule of immediate partial vesting plus quarterly vesting over the next ~3 years means Simmons can exercise a portion now and the rest as it vests, subject to the stated expiration conditions.