ReNew Energy CFO awarded 35,077 RSUs
Vaswani Kailash reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Vaswani Kailash reported acquisition or exercise transactions in this Form 4 filing.
ReNew Energy Global plc reported that Chief Financial Officer Kailash Vaswani received a grant of 35,077 Class A Ordinary Shares in the form of restricted stock units under the company’s 2021 Incentive Award Plan. The RSUs vest 33%, 33% and 34% on the first three anniversaries of the grant date, and Vaswani now holds 118,956 shares directly. This is a compensation-related equity award rather than an open-market share purchase.
Insider Trade Summary
Grant/Award: 35,077 shares
Grant/Award
1 txn
Insider
Vaswani Kailash
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 35,077 | $0.0001 | $3.51 |
Holdings After Transaction:
Class A Ordinary Shares — 118,956 shares (Direct)
Holdings Before and After:
Class A Ordinary Shares, 83,879 to 118,956 shares (Direct)
Footnotes (1)
- F1. The Reporting Person received a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2021 Incentive Award Plan. The RSUs vest as follows: 33% vest on each of the first and second anniversaries of the grant date and 34% vest on the third anniversary of the grant date, subject to the Reporting Person's continuous service through such dates.
Key Figures
RSU grant size: 35,077 shares
Grant price per share: $0.0001 per share
Post-transaction holdings: 118,956 shares
+3 more
6 metrics
RSU grant size
35,077 shares
Restricted stock units granted to CFO as of transaction date
Grant price per share
$0.0001 per share
Nominal value assigned to RSU grant
Post-transaction holdings
118,956 shares
CFO total Class A Ordinary Shares following grant
First tranche vesting
33% of RSUs
Vests on first anniversary of grant date, subject to service
Second tranche vesting
33% of RSUs
Vests on second anniversary of grant date, subject to service
Final tranche vesting
34% of RSUs
Vests on third anniversary of grant date, subject to service
Key Terms
restricted stock units ("RSUs"), 2021 Incentive Award Plan, grant date
3 terms
restricted stock units ("RSUs") financial
"The Reporting Person received a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2021 Incentive Award Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Incentive Award Plan financial
"The Reporting Person received a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2021 Incentive Award Plan."
grant date financial
"The RSUs vest as follows: 33% vest on each of the first and second anniversaries of the grant date and 34% vest on the third anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ReNew Energy Global (RNW) report for its CFO?
ReNew Energy Global reported that CFO Kailash Vaswani received a grant of 35,077 Class A Ordinary Shares as restricted stock units. The equity award was issued under the 2021 Incentive Award Plan as part of compensation, not as an open-market share purchase.
What are the vesting terms of the CFO’s RSU grant at ReNew Energy (RNW)?
The 35,077 restricted stock units vest in three annual installments tied to service. According to the filing, 33% of the RSUs vest on each of the first and second anniversaries of the grant date, and 34% vest on the third anniversary, subject to continuous service.
Was the RNW CFO’s equity grant a market purchase or a compensation award?
The transaction was a compensation-related equity award, not a market purchase. The Form 4 classifies it as a grant or award acquisition of restricted stock units under the 2021 Incentive Award Plan at a nominal price of $0.0001 per share equivalent.
Which plan governed the CFO’s restricted stock unit grant at ReNew Energy (RNW)?
The restricted stock units granted to CFO Kailash Vaswani were issued pursuant to ReNew Energy Global’s 2021 Incentive Award Plan. That plan provides for equity-based compensation, and these RSUs follow a three-year graded vesting schedule linked to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
