Director at Clean Energy Fuels (NASDAQ: CLNE) receives RSU grants and makes stock gift
Rhea-AI Filing Summary
Clean Energy Fuels Corp. director Vincent C. Taormina reported compensation-related equity awards and a charitable-style transfer involving restricted stock units (RSUs). On June 10, 2026, an indirect holding "by Trust" received an award of 67,839 RSUs at a stated price of $0.00 per share. The filing notes that each RSU represents a contingent right to receive one share of common stock, and that 100% of the shares in this award vest on the first anniversary of the grant date.
On the same date, Taormina made a bona fide gift of 67,839 RSUs from his direct holdings for no consideration, and separately received a new direct award of 67,839 RSUs, also at $0.00 per share and subject to the same one-year cliff vesting. After these transactions, he held 423,144 shares indirectly by trust and 67,839 shares directly, all represented by RSUs that will settle into common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 67,839 shares
Net Buy
3 txns
Insider
Taormina Vincent C
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 — 423,144 shares (Indirect, By 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 award: 67,839 RSUs
Direct RSU award: 67,839 RSUs
RSU gift: 67,839 RSUs
+3 more
6 metrics
Indirect RSU award
67,839 RSUs
Granted June 10, 2026 to trust at $0.00 per share
Direct RSU award
67,839 RSUs
Granted June 10, 2026 at $0.00 per share
RSU gift
67,839 RSUs
Bona fide gift of RSUs for no consideration
Indirect holdings after
423,144 shares
RSUs held indirectly by trust following transactions
Direct holdings after
67,839 shares
RSUs held directly following June 10, 2026 awards and gift
Vesting schedule
100% after 1 year
All RSUs fully vest on first anniversary of grant date
Key Terms
restricted stock units ("RSUs"), contingent right, bona fide gift, vesting and settlement, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right..."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock..."
bona fide gift financial
"Represents a gift of RSUs for no consideration. Each RSU represents a contingent right..."
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.
vesting and settlement financial
"upon the vesting and settlement of the RSU."
first anniversary of the date of the grant financial
"100% of the total shares subject to the RSU fully vest on the first anniversary of the date of the grant."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CLNE director Vincent Taormina report?
Vincent Taormina reported two awards of 67,839 restricted stock units (RSUs) and one bona fide gift of 67,839 RSUs, all dated June 10, 2026, with each RSU representing a right to receive one Clean Energy Fuels common share upon vesting.
How many RSUs did Vincent Taormina receive in the latest CLNE Form 4?
He received two RSU awards of 67,839 units each. One award is held indirectly by a trust, and the other is held directly. All RSUs vest 100% on the first anniversary of the June 10, 2026 grant date, then settle into common stock.
What is the nature of the RSU gift reported for CLNE director Taormina?
The filing shows a bona fide gift of 67,839 RSUs made for no consideration. Each RSU in this gift still represents a contingent right to one Clean Energy Fuels common share when the underlying RSUs vest and are settled in stock.
At what price were the CLNE RSUs granted to Vincent Taormina?
All reported RSU transactions list a transaction price of $0.00 per share. This reflects that the awards are stock-based compensation rather than open-market purchases, with value realized when the RSUs vest and convert into Clean Energy Fuels common shares.
What are Vincent Taormina’s Clean Energy Fuels holdings after these RSU transactions?
After the reported transactions, Taormina holds 423,144 shares indirectly through a trust and 67,839 shares directly. These positions consist of RSUs that will convert into Clean Energy Fuels common stock once the one-year cliff vesting conditions are met.
When do Vincent Taormina’s new CLNE RSU awards vest?
The filing states that 100% of the RSUs in each new award vest on the first anniversary of the grant date. Since the grants are dated June 10, 2026, all related RSUs fully vest on the first anniversary of that date, then settle into common shares.