Director buys 25K Clean Energy Fuels (CLNE) shares via family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clean Energy Fuels Corp. director Stephen Scully reported an indirect open-market purchase of Common Stock through a family trust. The trust bought 25,000 shares on the market at a weighted average price of $1.7490 per share, in multiple trades between $1.745 and $1.75. Following this transaction, the family trust holds 360,244 shares of Clean Energy Fuels common stock indirectly attributed to Scully.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,000 shares ($43,725)
Net Buy
1 txn
Insider
Scully Stephen
Role
null
Bought
25,000 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25,000 | $1.749 | $44K |
Holdings After Transaction:
Common Stock — 360,244 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 25,000 shares
Weighted average price: $1.7490/share
Post-transaction holdings: 360,244 shares
+1 more
4 metrics
Shares purchased
25,000 shares
Open-market purchase by family trust
Weighted average price
$1.7490/share
Purchase price for 25,000 shares
Post-transaction holdings
360,244 shares
Indirectly held by family trust after purchase
Trade price range
$1.745–$1.75
Range of individual purchase trades
Key Terms
open-market purchase, Family Trust, weighted average purchase price, indirect
4 terms
open-market purchase financial
"The trust bought 25,000 shares on the market at a weighted average price"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Family Trust financial
"The trust bought 25,000 shares on the market at a weighted average price"
weighted average purchase price financial
"at a weighted average price of $1.7490 per share, in multiple trades"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
indirect financial
"reported an indirect open-market purchase of Common Stock through a family trust"
FAQ
What did Clean Energy Fuels (CLNE) director Stephen Scully do in this Form 4?
Director Stephen Scully reported an indirect open-market purchase of 25,000 Clean Energy Fuels common shares. The transaction was executed through a family trust at a weighted average price of $1.7490 per share and increased the trust’s indirect holdings to 360,244 shares.
Is the CLNE insider transaction a direct or indirect holding for Stephen Scully?
The CLNE transaction is reported as an indirect holding for Stephen Scully. The 25,000 shares were purchased and are held by a family trust, with the ownership nature described in the filing as “By Family Trust” rather than direct personal ownership.
What type of transaction is reported in the Clean Energy Fuels (CLNE) Form 4?
The filing reports an open-market purchase of common stock. The transaction code is “P,” described as a “Purchase in open market or private transaction,” and involves 25,000 shares acquired indirectly through a family trust associated with director Stephen Scully.