ReNew Energy (NASDAQ: RNW) director reports 115,375 shares and RSUs
Rhea-AI Filing Summary
ReNew Energy Global plc director Sumantra Chakrabarti reported initial ownership of 115,375 Class A Ordinary Shares. This total includes 22,562 restricted stock units (RSUs), each representing a right to one Class A share. The RSUs vest on August 23, 2026, if he remains in continuous service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chakrabarti Sumantra
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 115,375 shares (Direct)
Footnotes (1)
- F1. Includes 22,562 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Ordinary Shares. These RSUs vest on August 23, 2026, subject to the Reporting Person's continuous service through such date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does ReNew Energy (RNW) director Sumantra Chakrabarti report owning on this Form 3?
He reports beneficial ownership of 115,375 Class A Ordinary Shares of ReNew Energy Global plc. This figure reflects his initial disclosed holding as a director, combining currently owned shares and unvested restricted stock units reported in the filing.
How many RSUs does RNW director Sumantra Chakrabarti hold according to the Form 3?
He holds 22,562 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Class A Ordinary Share, meaning these units could convert into the same number of shares if vesting conditions are met.
When do Sumantra Chakrabarti’s RSUs at ReNew Energy (RNW) vest?
The 22,562 RSUs vest on August 23, 2026. Vesting is conditioned on his continuous service with ReNew Energy Global plc through that date, aligning equity compensation with ongoing board-level involvement at the company.
What conditions apply to the RSUs reported by RNW director Sumantra Chakrabarti?
The RSUs are subject to a service-based vesting condition. Each of the 22,562 units will vest only if Chakrabarti remains in continuous service with ReNew Energy Global plc through August 23, 2026, reinforcing long-term alignment.