Acorn Energy Awards Bonuses and New Stock Option Grants Under Amended Consulting Agreement

Reuters
01/21
Acorn Energy Awards Bonuses and New Stock Option Grants Under Amended Consulting Agreement

Acorn Energy Inc. has announced updated compensation arrangements for Tracy Clifford, who provides services as CFO of Acorn Energy and COO of its OmniMetrix subsidiary through Tracy Clifford Consulting, LLC. Under the new one-year consulting agreement effective January 1, 2026, Ms. Clifford will receive annualized cash compensation of $222,789. In addition, she was granted options to purchase 25,000 shares of Acorn Energy common stock at an exercise price of $19.02 per share, with one-twelfth of the options vesting immediately and the remainder vesting in eleven equal quarterly increments. The agreement includes provisions for automatic annual renewal and additional annual grants of 25,000 stock options, with a similar vesting schedule. Ms. Clifford is also eligible for six months of continued cash compensation if terminated without cause. Additionally, both Ms. Clifford and Mr. Loeb received a one-time cash bonus equal to 5% of their 2025 gross cash compensation in recognition of the successful establishment of a technology partnership between OmniMetrix and AIO Systems, Ltd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acorn Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-003005), on January 21, 2026, and is solely responsible for the information contained therein.

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