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ReNew Energy CEO vests 400K performance options

CEO Sumant Sinha had performance stock options and PBUs vest after exceeding performance metrics, adding significant equity-linked incentives at ReNew Energy Global plc.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

ReNew Energy Global plc (RNW) reported that Chief Executive Officer and director Sumant Sinha received equity awards that vested based on performance. On September 13, 2026, 400,000 previously granted performance stock options vested at an exercise price of $5.87 per Class A Ordinary Share, increasing his directly held options to 1,200,000. On the same date, 248,040 Performance Based Units (PBUs) vested for him, and on September 12, 2026, 22,988 PBUs vested for his spouse, both reflecting 104% of the applicable Performance Metrics having been achieved.

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Insider Sinha Sumant
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Employee Stock Options (Right to Buy) F1 400,000 -- --
Grant/Award Performance Based Units (PBUs) F2 248,040 -- --
Grant/Award Performance Based Units (PBUs) F3 22,988 -- --
Holdings After Transaction: Employee Stock Options (Right to Buy) — 1,200,000 contracts (Direct); Performance Based Units (PBUs) — 248,040 contracts (Direct); Performance Based Units (PBUs) — 22,988 contracts (Indirect, By spouse)
Footnotes (3)
  1. F1. On September 13, 2023, the Issuer granted 1,600,000 performance stock options to Mr. Sinha. On September 13, 2026, 400,000 performance stock options vested based on the applicable performance vesting conditions being met. The remaining 400,000 performance stock options shall vest on September 13, 2027, subject to the applicable performance vesting conditions.
  2. F2. On September 13, 2023, the Issuer granted Mr. Sinha 238,500 PBUs the vesting of which were subject to achievement of certain Performance Metric. On September 13, 2026, 248,040 PBUs vested based on 104% of the Performance Metrics having been achieved as of the vesting date.
  3. F3. On September 13, 2023, the Issuer granted to Ms. Vaishali Nigam Sinha, who is Mr. Sinha's spouse, 22,104 PBUs the vesting of which were subject to achievement of certain Performance Metric. On September 12, 2026, 22,988 PBUs vested based on 104% of the Performance Metrics having been achieved as of the vesting date.
Performance stock options vested 400,000 options Vested for Sumant Sinha on September 13, 2026 based on performance conditions
Exercise price of performance stock options $5.87 per share Options on Class A Ordinary Shares expiring August 23, 2031
Performance stock options held after vesting 1,200,000 options Total performance stock options directly held by Sumant Sinha after September 13, 2026
PBUs vested for CEO 248,040 units PBUs vested for Sumant Sinha on September 13, 2026 at 104% of Performance Metrics
PBUs vested for spouse 22,988 units PBUs vested for Vaishali Nigam Sinha on September 12, 2026 at 104% of Performance Metrics
Original CEO PBU grant 238,500 units PBUs granted to Sumant Sinha on September 13, 2023
Original spouse PBU grant 22,104 units PBUs granted to Vaishali Nigam Sinha on September 13, 2023
Performance achievement level 104% Percentage of Performance Metrics achieved for CEO and spouse PBUs vesting
Performance stock options financial
"On September 13, 2023, the Issuer granted 1,600,000 performance stock options"
Performance Based Units (PBUs) financial
"On September 13, 2023, the Issuer granted Mr. Sinha 238,500 PBUs"
Performance Metrics financial
"based on 104% of the Performance Metrics having been achieved"
Performance metrics are concrete numbers or ratios that show how well a business, product, or investment is doing—like speed, fuel use and mileage on a car’s dashboard. They measure things investors care about, such as sales growth, profitability, cash flow, customer retention or efficiency, so readers can compare progress, spot strengths or problems, and make informed decisions about buying, holding or selling shares.
exercise price financial
"conversion_or_exercise_price": "5.8700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Class A Ordinary Shares financial
"underlying_security_title": "Class A Ordinary Shares""
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity awards were reported for RNW CEO Sumant Sinha on this Form 4?

Sumant Sinha reported vesting of 400,000 performance stock options at a $5.87 exercise price and 248,040 PBUs on September 13, 2026. These awards relate to earlier grants made on September 13, 2023 and vested after performance conditions were met.

How many performance stock options does the RNW CEO hold after these transactions?

After the vesting of 400,000 performance stock options on September 13, 2026, Sumant Sinha holds 1,200,000 performance stock options directly. These options were originally part of a grant of 1,600,000 options made on September 13, 2023.

What Performance Based Units (PBUs) vested for RNW CEO Sumant Sinha?

On September 13, 2026, 248,040 PBUs vested for Sumant Sinha. They relate to a September 13, 2023 grant of 238,500 PBUs and vested based on 104% of the Performance Metrics having been achieved as of the vesting date.

Were there any equity awards reported for the RNW CEO’s spouse?

Yes. On September 12, 2026, 22,988 PBUs vested for Ms. Vaishali Nigam Sinha, the CEO’s spouse. They stem from a grant of 22,104 PBUs on September 13, 2023 and vested based on 104% of the Performance Metrics being achieved.

What are the key terms of the RNW CEO’s vested performance stock options?

The vested options cover 400,000 Class A Ordinary Shares with an exercise price of $5.87 per share and an expiration date of August 23, 2031. They vested on September 13, 2026, after performance vesting conditions were satisfied.

Is there any indication these RNW insider transactions used a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The reported events are vestings and grants of derivative equity awards rather than open-market purchases or sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sinha Sumant

(Last)(First)(Middle)
C/O RENEW POWER, COMMERCIAL BLOCK-1 ZN 6
GOLF COURSE ROAD, DLF CITY PHASE-V

(Street)
GURUGRAM, HARYANA122009

(City)(State)(Zip)

INDIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
ReNew Energy Global plc [ RNW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Options (Right to Buy)$5.8709/13/2026A400,000 (1)08/23/2031Class A Ordinary Shares400,000(1)1,200,000D
Performance Based Units (PBUs)$0.000109/13/2026A248,040 (2)08/23/2031Class A Ordinary Shares248,040(2)248,040D
Performance Based Units (PBUs)$0.000109/12/2026A22,988 (3)08/23/2031Class A Ordinary Shares22,988(3)22,988IBy spouse
Explanation of Responses:
1. On September 13, 2023, the Issuer granted 1,600,000 performance stock options to Mr. Sinha. On September 13, 2026, 400,000 performance stock options vested based on the applicable performance vesting conditions being met. The remaining 400,000 performance stock options shall vest on September 13, 2027, subject to the applicable performance vesting conditions.
2. On September 13, 2023, the Issuer granted Mr. Sinha 238,500 PBUs the vesting of which were subject to achievement of certain Performance Metric. On September 13, 2026, 248,040 PBUs vested based on 104% of the Performance Metrics having been achieved as of the vesting date.
3. On September 13, 2023, the Issuer granted to Ms. Vaishali Nigam Sinha, who is Mr. Sinha's spouse, 22,104 PBUs the vesting of which were subject to achievement of certain Performance Metric. On September 12, 2026, 22,988 PBUs vested based on 104% of the Performance Metrics having been achieved as of the vesting date.
/s/ Sumant Sinha09/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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