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Clean Energy Fuels (NASDAQ: CLNE) COO receives 50,000-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Frabotta Bartolomeo A. reported acquisition or exercise transactions in this Form 4 filing.

Clean Energy Fuels Corp. Chief Operating Officer Bartolomeo A. Frabotta received an equity award in the form of 50,000 shares of common stock on a grant/award basis, recorded at a price of $0.00 per share. This is a compensation-related stock grant rather than an open-market purchase.

The award is structured as restricted stock units, with each RSU representing one share of common stock when it vests and settles. The RSUs vest over three years, with 34% vesting on the first anniversary of the grant date and 33% vesting on each of the second and third anniversaries. Following this grant, Frabotta directly holds 512,886 shares of common stock.

Positive

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Insider Frabotta Bartolomeo A.
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 50,000 $0.00 --
Holdings After Transaction: Common Stock — 512,886 shares (Direct, null)
Footnotes (1)
  1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSU. The RSUs will vest as to 34% on the first anniversary of the grant date and as to 33% on each of the second and third anniversaries of the grant date.
RSU grant size 50,000 shares Common Stock award to COO on grant date
Grant price $0.00 per share Recorded transaction price for RSU grant
Post-transaction holdings 512,886 shares Directly held common stock after grant
First-year vesting portion 34% of RSUs Vests on first anniversary of grant date
Later vesting portions 33% + 33% Second and third anniversaries of grant date
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs will vest as to 34% on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"The RSUs will vest as to 34% on the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Frabotta Bartolomeo A.

(Last)(First)(Middle)
4675 MACARTHUR COURT, SUITE 800

(Street)
NEWPORT BEACH CALIFORNIA 92660

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clean Energy Fuels Corp. [ CLNE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/23/2026A(1)50,000(2)A$0512,886D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSU.
2. The RSUs will vest as to 34% on the first anniversary of the grant date and as to 33% on each of the second and third anniversaries of the grant date.
/s/ Marilyn Vu-Tran, Attorney-in-Fact for Bartolomeo A. Frabotta06/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Clean Energy Fuels (CLNE) COO Bartolomeo Frabotta report on this Form 4?

He reported an equity award of 50,000 shares of common stock as a grant. The award was recorded at $0.00 per share, reflecting a compensation grant rather than an open-market stock purchase.

How many Clean Energy Fuels (CLNE) shares does Bartolomeo Frabotta hold after this grant?

After the reported grant, Bartolomeo Frabotta holds 512,886 shares of Clean Energy Fuels common stock directly. This figure includes the newly granted shares reflected in the Form 4 filing for this transaction.

What type of equity award did CLNE grant to COO Bartolomeo Frabotta?

The award was in the form of restricted stock units (RSUs) that convert into common shares upon vesting. Each RSU represents a contingent right to receive one share of Clean Energy Fuels common stock when it vests and settles.

How do the Bartolomeo Frabotta RSUs for Clean Energy Fuels (CLNE) vest?

The RSUs vest over three years: 34% on the first anniversary of the grant date, and 33% on each of the second and third anniversaries. Vested RSUs then settle into common shares of Clean Energy Fuels.

Was the CLNE COO equity transaction an open-market purchase or a compensation grant?

It was a compensation-related grant, not an open-market purchase. The Form 4 uses transaction code “A” for a grant or award, and the per-share price is shown as $0.00, indicating no cash was paid for the shares.