Clean Energy Fuels (CLNE) CEO Barclay Corbus awarded 166,532 RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corbus Barclay
Role
CEO AND PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 166,532 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,336,021 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: 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
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.
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.