Clean Energy Fuels CEO granted 166,532 RSUs

Clean Energy Fuels Corp. director and CEO Barclay Corbus received an equity compensation grant in the form of restricted stock units.

Rhea-AI Filing Summary

Clean Energy Fuels Corp. director and CEO Barclay Corbus received an equity compensation grant in the form of restricted stock units. He was awarded 166,532 shares of Common Stock at a price of $0.00 per share, classified as a grant or award acquisition rather than a market purchase.

Following this grant, Corbus directly holds 1,336,021 shares of the company’s common stock. 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, subject to the vesting and settlement conditions.

Insider Trade Summary

Grant/Award: 166,532 shares

Grant/Award 1 txn

Insider Corbus Barclay

Role CEO AND PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	166,532	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,336,021 shares (Direct)

Footnotes (2)

1. 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.
2. 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: 166,532 shares Grant price per share: $0.00 per share Shares owned after grant: 1,336,021 shares +2 more

5 metrics

RSU grant size 166,532 shares Restricted stock unit award of Common Stock

Grant price per share $0.00 per share Reported transaction price for RSU award

Shares owned after grant 1,336,021 shares Total direct Common Stock holdings post-transaction

Initial vesting portion 34% of RSUs Vests on first anniversary of grant date

Subsequent vesting portions 33% + 33% Vest on second and third anniversaries of grant date

Key Terms

restricted stock units ("RSUs"), grant date, vest

3 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.

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.

vest financial

"The RSUs will vest as to 34% on the first anniversary of the grant date and as to 33%..."

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) CEO Barclay Corbus report in this Form 4?

Barclay Corbus reported receiving a grant of restricted stock units. He was awarded 166,532 shares of Clean Energy Fuels common stock as equity compensation, increasing his direct holdings to 1,336,021 shares after the transaction, with no cash paid per share for this award.

How many Clean Energy Fuels (CLNE) shares were granted to Barclay Corbus?

Barclay Corbus received 166,532 shares through an RSU grant. These shares of common stock were awarded at a reported price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase or sale transaction.

How many Clean Energy Fuels (CLNE) shares does Barclay Corbus hold after this grant?

After the grant, Barclay Corbus directly holds 1,336,021 shares. This total reflects his updated direct ownership of Clean Energy Fuels common stock as reported in the Form 4, following the 166,532-share restricted stock unit award.

Is the Barclay Corbus Form 4 transaction a market buy or sell of CLNE stock?

The transaction is a grant or award, not a market trade. It is coded as an acquisition (transaction code A) representing restricted stock unit compensation, with a price of $0.00 per share, rather than an open-market purchase or sale.

How do Barclay Corbus’s RSUs in Clean Energy Fuels (CLNE) vest over time?

The RSUs vest in three annual tranches over three years. According to the disclosure, 34% of the RSUs vest on the first anniversary of the grant date, and 33% vest on each of the second and third anniversaries, upon vesting and settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/24/2026 - 04:27 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 CALIFORNIA 92660

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO AND PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

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

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

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

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	04/22/2026		A(1)		166,532(2)	A	$0	1,336,021	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 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.

2. 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	04/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)