ReNew Energy (RNW) CFO details direct, ESOP and RSU holdings
Rhea-AI Filing Summary
ReNew Energy Global plc Chief Financial Officer Kailash Vaswani has filed an initial ownership report showing his equity stake in the company. The filing lists 83,879 Class A Ordinary Shares held directly and 1,816,625 Class A Ordinary Shares held indirectly through an ESOP.
The direct holdings include restricted stock units (RSUs), with 25,888 vested RSUs and 57,940 unvested RSUs. These RSUs were granted on September 13, 2023, April 1, 2024 and April 1, 2025, and are scheduled to vest 33% on each of the first two anniversaries of each grant date and 34% on the third anniversary, subject to continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vaswani Kailash
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 83,879 shares (Direct);
Class A Ordinary Shares — 1,816,625 shares (Indirect, By ESOP)
Footnotes (1)
- F1. Includes 25,888 vested restricted stock units ("RSUs") and 57,940 unvested RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Ordinary Shares. The RSUs were awarded on the following dates (each, a "Grant Date"): September 13, 2023 (24,867 RSUs awarded), April 1, 2024 (28,716 RSUs awarded) and April 1, 2025 (30,245 RSUs awarded). The vesting schedule for each of the foregoing awards, subject to the Reporting Person's continuous service through such dates, is 33% on each of the first and second anniversaries of the Grant Date, and 34% on the third anniversary of the Grant Date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the ReNew Energy (RNW) Form 3 filing show about the CFO's holdings?
The Form 3 filing shows CFO Kailash Vaswani’s initial ownership in ReNew Energy Global plc. He holds 83,879 Class A Ordinary Shares directly and 1,816,625 shares indirectly through an ESOP, providing transparency into his equity alignment with the company.
What RSU awards are disclosed for the ReNew Energy (RNW) CFO in this filing?
The filing discloses 25,888 vested RSUs and 57,940 unvested RSUs for the CFO. These RSUs were granted on September 13, 2023, April 1, 2024 and April 1, 2025, each representing a contingent right to receive one Class A Ordinary Share.
How do the RSUs for ReNew Energy (RNW) CFO vest over time?
Each RSU grant vests over three years, subject to continuous service. For every grant, 33% of RSUs vest on the first anniversary of the grant date, another 33% on the second anniversary, and 34% on the third anniversary, aligning compensation with longer-term service.
What is the significance of the ESOP holdings in ReNew Energy (RNW) for the CFO?
The filing reports 1,816,625 Class A Ordinary Shares held indirectly by the CFO through an ESOP. This indirect ownership reflects equity interests tied to an employee share ownership plan, supplementing his direct share and RSU positions in the company.