ClearSign Appoints Larry Saddler, Former ExxonMobil Executive, to Board of Directors
ClearSign Technologies appointed Larry M. Saddler, age 76, as a director effective August 6, 2026, filling the board's one vacant seat. Saddler retired from ExxonMobil in February 2021 after more than 40 years of engineering and technology roles there.
Key points
- Effective date of appointment: August 6, 2026; fills the one vacant directorship on a five-seat board
- Director pay: $60,000 annual cash compensation plus non-statutory stock options with a $40,000 annual fair market value
- Company agreed to make cash Make-Whole Payments for certain unvested RSUs from his prior employer that are forfeited or cancelled
- Announced in a press release dated August 11, 2026 (Exhibit 99.1)
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.