ReNew Energy officer files initial share holdings
ReNew Energy Global plc officer Balram Mehta has filed an initial ownership report showing his shareholdings in the company.
Rhea-AI Filing Summary
ReNew Energy Global plc officer Balram Mehta has filed an initial ownership report showing his shareholdings in the company. The filing lists 82,359 Class A Ordinary Shares held directly and 1,363,704 shares held indirectly through an ESOP vehicle.
The disclosure also notes restricted stock units, including 27,712 vested RSUs and 54,647 unvested RSUs. These RSUs were granted on September 13, 2023, April 1, 2024, and April 1, 2025, and are scheduled to vest 33%, 33%, and 34% over the first three anniversaries of each grant date, subject to continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. Includes 27,712 vested restricted stock units ("RSUs") and 54,647 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 (27,631 RSUs awarded), April 1, 2024 (28,716 RSUs awarded) and April 1, 2025 (26,012 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.
FAQ
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What does the ReNew Energy Global (RNW) Form 3 filing by Balram Mehta show?
What restricted stock units (RSUs) are disclosed for Balram Mehta in RNW?
When were Balram Mehta’s RSUs in ReNew Energy Global (RNW) granted?
How do Balram Mehta’s RSUs in RNW vest over time?
What type of indirect ownership is reported for Balram Mehta in RNW?
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