Clean Energy Fuels SVP shares used for tax withholding
Clean Energy Fuels Corp. senior vice president of strategic development Barclay Corbus reported a tax-related share disposition.
Rhea-AI Filing Summary
Clean Energy Fuels Corp. senior vice president of strategic development Barclay Corbus reported a tax-related share disposition. On the vesting of restricted stock, 60,561 shares of common stock were withheld at $2.32 per share to cover tax withholding obligations, rather than being sold on the open market.
After this tax-withholding disposition, Corbus’s direct holdings in Clean Energy Fuels common stock totaled 1,169,489 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 60,561 shares
Exercise Price or Tax Liability
1 txn
Insider
Corbus Barclay
Role
SVP, STRATEGIC DEVELOPMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 60,561 | $2.32 | $141K |
Holdings After Transaction:
Common Stock — 1,169,489 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Clean Energy Fuels (CLNE) report for Barclay Corbus?
Clean Energy Fuels reported that SVP Barclay Corbus had 60,561 common shares withheld to satisfy tax obligations upon restricted stock vesting. These shares were not sold on the open market but used specifically to cover required withholding taxes.
What does transaction code F mean in the Barclay Corbus CLNE Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 60,561 Clean Energy Fuels shares were withheld upon restricted stock vesting to satisfy Corbus’s tax withholding obligations, rather than representing a discretionary share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.