Clean Energy Fuels (CLNE) SVP gets 200K RSUs, withholds shares for tax

Rhea-AI Filing Summary

Clean Energy Fuels Corp. senior vice president of strategic development Barclay Corbus reported two equity transactions involving the company’s common stock. On March 2, 2026, he received a grant of 200,000 restricted stock units (RSUs), recorded at $0.00 per share. Each RSU represents a right to receive one share of common stock when it vests, with vesting scheduled for 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Following this grant, his directly held common stock position increased to 1,230,050 shares.

On February 27, 2026, he disposed of 31,198 shares of common stock at $2.26 per share through a tax-withholding disposition. These shares were withheld to satisfy tax obligations triggered by the vesting of restricted stock. After this withholding transaction, his directly held common stock position was 1,030,050 shares.

SEC Form 4

FORM 4

UNITED 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

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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^*

Corbus Barclay

(Last) (First) (Middle)

C/O CLEAN ENERGY FUELS CORP.

4675 MACARTHUR COURT, SUITE 800

(Street)

NEWPORT BEACH CA 92660

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Clean Energy Fuels Corp. [ CLNE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, STRATEGIC DEVELOPMENT

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		F		31,198(1)	D	$2.26	1,030,050	D
Common Stock	03/02/2026		A(2)		200,000(3)	A	$0	1,230,050	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.

2. 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.

3. 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 Barclay Corbus	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Barclay Corbus report for Clean Energy Fuels (CLNE)?

Barclay Corbus reported a grant of 200,000 restricted stock units and a tax-withholding disposition of 31,198 shares. The grant carried a $0.00 price, while the withheld shares were valued at $2.26 each for tax purposes tied to vesting.

How many Clean Energy Fuels (CLNE) shares did Barclay Corbus acquire in the latest Form 4?

He acquired 200,000 shares through a restricted stock unit grant, with each RSU convertible into one common share upon vesting. This award lifted his directly held common stock position to 1,230,050 shares immediately after the grant transaction was recorded.

Why were 31,198 Clean Energy Fuels (CLNE) shares disposed of in the filing?

The 31,198 shares were withheld to cover tax withholding obligations when restricted stock vested. This tax-withholding disposition, at a per-share value of $2.26, reduced Barclay Corbus’s directly held common stock position to 1,030,050 shares following that specific transaction.

What is the vesting schedule for Barclay Corbus’s 200,000 RSU grant at Clean Energy Fuels (CLNE)?

The 200,000 restricted stock units vest over three years: 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Each vested RSU settles into one share of Clean Energy Fuels common stock.

Does the Form 4 show open-market buying or selling by Barclay Corbus in CLNE stock?

The filing does not show open-market buying or selling. It reports a grant of 200,000 restricted stock units at no cost and a tax-withholding disposition of 31,198 shares used solely to satisfy tax obligations tied to restricted stock vesting.