Clean Energy Fuels director granted RSUs, gifts stake
Clean Energy Fuels Corp. director Stephen Scully reported compensation-related stock awards and a gift of stock units.
Rhea-AI Filing Summary
Clean Energy Fuels Corp. director Stephen Scully reported compensation-related stock awards and a gift of stock units. On June 10, 2026, he received 67,839 restricted stock units (RSUs) held indirectly through a family trust and a separate 67,839 RSU award held directly. He also made a bona fide gift of 67,839 RSUs for no consideration. Each RSU represents the right to receive one share of common stock upon vesting, and 100% of the RSUs from the grant vest on the first anniversary of the grant date. Following these transactions, the family trust holds 335,244 RSUs indirectly for him, and he holds 67,839 RSUs directly. These are non-market awards and gifts, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
67,839 shares gifted
Gift
3 txns
Insider
Scully Stephen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 67,839 | $0.00 | $0.00 |
| Gift | Common Stock | 67,839 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 67,839 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 335,244 shares (Indirect, By Family Trust)
Footnotes (3)
- 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. 100% of the total shares subject to the RSU fully vest on the first anniversary of the date of the grant.
- F3. Represents a gift of RSUs for no consideration. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSU.
Key Figures
Indirect RSU grant: 67,839 RSUs
Direct RSU grant: 67,839 RSUs
RSU gift: 67,839 RSUs
+2 more
5 metrics
Indirect RSU grant
67,839 RSUs
Award held indirectly by Family Trust on June 10, 2026
Direct RSU grant
67,839 RSUs
Award held directly on June 10, 2026
RSU gift
67,839 RSUs
Bona fide gift for no consideration on June 10, 2026
Indirect RSU holdings
335,244 RSUs
Total held indirectly after transactions
Direct RSU holdings
67,839 RSUs
Total held directly after transactions
Key Terms
restricted stock units (RSUs), bona fide gift, Family Trust, vest
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 type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
bona fide gift financial
"Represents a gift of RSUs for no consideration."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Family Trust financial
"direct_or_indirect: "I", nature_of_ownership: "By Family Trust""
vest financial
"100% of the total shares subject to the RSU fully vest on the first anniversary"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Clean Energy Fuels (CLNE) director Stephen Scully report in this Form 4?
Stephen Scully reported RSU awards and a gift. He received 67,839 restricted stock units (RSUs) indirectly via a family trust, another 67,839 RSUs directly, and made a bona fide gift of 67,839 RSUs, all on June 10, 2026.
How many Clean Energy Fuels (CLNE) RSUs does Stephen Scully hold after these transactions?
After the transactions, Scully has 335,244 RSUs held indirectly through a family trust and 67,839 RSUs held directly. These totals come from the post-transaction share amounts disclosed for each line item in the Form 4 filing.
Are Stephen Scully’s Clean Energy Fuels (CLNE) RSU transactions open-market trades?
No, these are not open-market trades. The Form 4 describes them as RSU grants or awards with a transaction price of zero, and a bona fide gift of RSUs for no consideration, rather than purchases or sales on the market.
When do Stephen Scully’s new Clean Energy Fuels (CLNE) RSUs vest?
The filing states that 100% of the total shares subject to the RSU grant vest on the first anniversary of the grant date. After vesting and settlement, each RSU converts into one share of Clean Energy Fuels common stock.
What is the nature of Stephen Scully’s indirect ownership in Clean Energy Fuels (CLNE)?
His indirect ownership is held through a family trust. One transaction line shows 67,839 RSUs acquired with ownership type labeled as indirect, and the nature of ownership explicitly described as “By Family Trust” in the Form 4 data.
What does the bona fide gift in Stephen Scully’s Clean Energy Fuels (CLNE) filing represent?
The bona fide gift represents a transfer of 67,839 RSUs for no consideration. The filing notes that each RSU gifted still represents a contingent right to receive one share of common stock upon vesting and settlement under the company’s equity plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
