Clean Energy Fuels (NASDAQ: CLNE) 10% owner lines up share sale with J.P. Morgan
Rhea-AI Filing Summary
Clean Energy Fuels Corp. (CLNE) has a notice of proposed resale of common stock under Rule 144 by a 10% stockholder, TotalEnergies Marketing Services SAS. The holder plans potential sales of up to 10,556,287 shares of CLNE common stock through J.P. Morgan Securities LLC on NASDAQ, with an aggregate market value of $17,206,747.81 based on a $1.63 closing price on August 28, 2026. These shares are part of 50,856,296 shares acquired from Clean Energy Fuels Corp. on June 13, 2018 in a private placement for $83.4 million, when CLNE had 220,445,015 shares outstanding as referenced in the notice.
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Key Figures
Shares to be sold under Rule 144: 10,556,287 shares of common stock
Aggregate market value of shares: $17,206,747.81
Closing share price used: $1.63 per share
+5 more
8 metrics
Shares to be sold under Rule 144
10,556,287 shares of common stock
Number of CLNE shares covered by the Form 144 notice
Aggregate market value of shares
$17,206,747.81
Value of 10,556,287 shares using $1.63 closing price on August 28, 2026
Closing share price used
$1.63 per share
CLNE closing price on August 28, 2026 used to calculate aggregate market value
Shares outstanding
220,445,015 shares
CLNE common shares outstanding as referenced in the Form 144
Shares originally acquired
50,856,296 shares of common stock
CLNE shares acquired by TotalEnergies Marketing Services SAS on June 13, 2018
Original aggregate purchase price
$83.4 million
Price paid in the June 13, 2018 private placement under a stock purchase agreement
Approximate date of sale
08/31/2026
Approximate date listed for proposed Rule 144 sales
Date of acquisition
06/13/2018
Acquisition date of the CLNE shares in the private placement
Key Terms
Rule 144, aggregate market value, private placement, stock purchase agreement, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Aggregate Market Value of shares calculated based on a closing share price"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
private placement financial
"for an aggregate purchase price of $83.4 million in a private placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
stock purchase agreement financial
"pursuant to a stock purchase agreement with CLNE, dated May 9, 2018."
A stock purchase agreement is a legal contract that sets the terms for buying or selling shares, specifying the price, number of shares, how payment is made, and any conditions or promises each side must meet. It matters to investors because it defines who owns what, when ownership changes, and what protections or obligations attach to the deal—think of it as a detailed receipt plus the house rules that determine the financial risks and benefits of the transaction.
10% Stockholder regulatory
"In addition, information shall be given as to sales by all persons... 10% Stockholder"
FAQ
What does the Form 144 filing mean for Clean Energy Fuels Corp. (CLNE)?
A 10% stockholder, TotalEnergies Marketing Services SAS, has filed a Form 144 noticing potential sales of up to 10,556,287 CLNE common shares under Rule 144 through J.P. Morgan Securities LLC on NASDAQ, with an aggregate market value of $17.21 million based on recent pricing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
