Clean Energy Fuels (NASDAQ: CLNE) COO receives 50,000-share RSU grant
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
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
1 txn
Insider
Frabotta Bartolomeo A.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 512,886 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
RSU grant size: 50,000 shares
Grant price: $0.00 per share
Post-transaction holdings: 512,886 shares
+2 more
5 metrics
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
Key Terms
restricted stock units ("RSUs"), vest, grant date, contingent right
4 terms
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"
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
