Clean Energy (CLNE) Insider Plans Sale of 250K RSU-Derived Shares

Rhea-AI Filing Summary

Clean Energy Fuels Corp. (CLNE) filing a Form 144 notifies the market of a proposed sale of 250,000 common shares through Raymond James & Associates on 08/14/2025, with an aggregate market value of $562,500.00. The filing details that the shares were originally acquired primarily through RSU vesting on multiple dates between 2014 and 2023. The filer reports no securities sold in the past three months. The notice includes the standard attestation that the selling person is not aware of undisclosed material adverse information. The proposed sale represents approximately 0.114% of the 219,289,216 shares outstanding disclosed in the form.

Insights

Financial Analyst

TL;DR: Insider intends to sell a small block of RSU-derived shares; transaction size is immaterial to capitalization.

The proposed sale of 250,000 shares equals roughly 0.11% of outstanding stock, implying limited dilution or market impact. Shares were acquired via RSU vesting across multiple years, indicating this is monetization of compensation rather than a secondary financing event. No recent sales in the prior three months are reported, and standard attestation regarding material non-public information is provided. For investors, this filing signals routine insider liquidity rather than a material corporate development.

Corporate Governance Expert

TL;DR: This is a compliance disclosure of an insider sale; governance procedures appear followed.

The Form 144 shows the seller is using a broker and has disclosed acquisition dates and the RSU origin of shares, consistent with good governance and Rule 144 procedures. The signature attestation and absence of recent sales reduce concerns about coordinated divestiture. However, the filing does not state whether a 10b5-1 plan exists; if one does, the seller could have additional protections against allegations of opportunistic sales. Overall, this is a routine insider liquidity action with no governance red flags in the form's content.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Raymond James & Associates 880 Carillon Parkway St. Petersburg FL 33716	250000	562500.00	219289216	08/14/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/02/2021	RSU VESTING	Issuer			37533	03/02/2021	RSU VESTING
Common	02/25/2021	RSU VESTING	Issuer			20808	02/25/2021	RSU VESTING
Common	10/28/2014	RSU VESTING	Issuer			15584	10/28/2014	RSU VESTING
Common	02/25/2022	RSU VESTING	Issuer			20196	02/25/2022	RSU VESTING
Common	03/02/2015	RSU VESTING	Issuer			17800	03/02/2015	RSU VESTING
Common	02/25/2023	RSU VESTING	Issuer			13212	02/25/2023	RSU VESTING
Common	01/21/2023	RSU VESTING	Issuer			24954	01/21/2023	RSU VESTING

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the size and value of the proposed sale disclosed in CLNE Form 144?

The filing reports a proposed sale of 250,000 common shares with an aggregate market value of $562,500.00.

When is the proposed sale scheduled to occur for CLNE shares?

The Form 144 lists the approximate date of sale as 08/14/2025.

How were the shares being sold by the CLNE filer originally acquired?

All listed lots were acquired through RSU vesting on dates between 2014 and 2023.

What percentage of CLNE's outstanding shares does the proposed sale represent?

The 250,000 shares represent approximately 0.114% of the 219,289,216 shares outstanding reported in the filing.

Were there any securities sold by this person in the past three months according to the filing?

The filing states Nothing to Report for securities sold during the past three months.