Clean Energy Fuels (CLNE) director gets 403K RSU equity award, holds 2.08M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Littlefair Andrew J reported acquisition or exercise transactions in this Form 4 filing.
Clean Energy Fuels Corp. director Andrew J. Littlefair received a grant of 403,255 restricted stock units (RSUs) of common stock as compensation. Each RSU represents the right to receive one share of common stock when it vests. The RSUs vest 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Following this award, Littlefair directly holds 2,079,993 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Littlefair Andrew J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 403,255 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,079,993 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 403,255 shares
Award price per share: $0.0000 per share
Post-award holdings: 2,079,993 shares
+3 more
6 metrics
RSU grant size
403,255 shares
Restricted stock units of common stock granted to Andrew J. Littlefair
Award price per share
$0.0000 per share
Reported transaction price for the RSU grant
Post-award holdings
2,079,993 shares
Common stock directly held following the RSU award
First-year vesting portion
34%
RSUs vest on the first anniversary of the grant date
Second-year vesting portion
33%
RSUs vest on the second anniversary of the grant date
Third-year vesting portion
33%
RSUs vest on the third anniversary of the grant date
Key Terms
restricted stock units ("RSUs"), contingent right, vesting, grant date
4 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..."
vesting financial
"The RSUs will vest as to 34% on the first anniversary of the grant date..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the 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.
FAQ
What insider transaction did Clean Energy Fuels (CLNE) report for Andrew J. Littlefair?
Andrew J. Littlefair received a grant of 403,255 restricted stock units (RSUs) of Clean Energy Fuels common stock. This is a compensation-related award, not an open-market purchase or sale, and increases his direct equity-based holdings in the company.
What are restricted stock units (RSUs) in the Clean Energy Fuels (CLNE) Form 4?
The filing describes RSUs as awards where each unit represents a contingent right to receive one share of Clean Energy Fuels common stock. Shares are only delivered when the RSUs vest and are settled, aligning executive compensation with long-term company performance.
What is the vesting schedule for Andrew J. Littlefair’s RSUs at Clean Energy Fuels (CLNE)?
The RSUs vest 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. This staggered vesting schedule encourages longer-term retention and ties the award’s full value to continued service over three years.