ReNew Energy (RNW) grants CEO 148,923 RSUs vesting from 2027 to 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ReNew Energy Global plc reported that Chief Executive Officer Sumant Sinha received a grant of 148,923 restricted stock units (RSUs). The grant is deemed effective as of April 1, 2026 and represents a form of equity compensation rather than an open-market share purchase.
The RSUs vest in three annual tranches: 49,144 units on April 1, 2027, another 49,144 units on April 1, 2028, and 50,635 units on April 1, 2029, subject to continued service or any plan conditions. Upon vesting, each RSU can be exercised into one Class A Ordinary Share at an exercise price of $0.0001 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sinha Sumant
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 148,923 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 148,923 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 148,923 units
First vesting tranche: 49,144 RSUs
Second vesting tranche: 49,144 RSUs
+3 more
6 metrics
RSUs granted
148,923 units
Grant deemed effective as of April 1, 2026
First vesting tranche
49,144 RSUs
Scheduled to vest on April 1, 2027
Second vesting tranche
49,144 RSUs
Scheduled to vest on April 1, 2028
Third vesting tranche
50,635 RSUs
Scheduled to vest on April 1, 2029
Exercise price
$0.0001 per share
Each RSU convertible into one Class A Ordinary Share
RSUs held after grant
148,923 units
Total derivative securities following this RSU grant
Key Terms
Restricted Stock Units (RSU), vest, Class A Ordinary Shares, exercise price
4 terms
Restricted Stock Units (RSU) financial
"On May 28, 2026, the Issuer granted 148,923 RSUs to Mr. Sinha"
vest financial
"49,144 RSUs shall vest on April 1, 2027, 49,144 shall vest on April 1, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"at an exercise price of $0.0001"
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.
FAQ
What did ReNew Energy (RNW) disclose about Sumant Sinha’s latest equity grant?
ReNew Energy disclosed that CEO Sumant Sinha received a grant of 148,923 restricted stock units. The award is a form of equity compensation, not an open-market purchase, and is deemed effective as of April 1, 2026, with vesting spread over three years.
How many RSUs were granted to the ReNew Energy (RNW) CEO and on what schedule do they vest?
The CEO received 148,923 RSUs that vest in three tranches. 49,144 RSUs vest on April 1, 2027, another 49,144 on April 1, 2028, and the remaining 50,635 on April 1, 2029, subject to applicable plan conditions.
What does each RSU granted to the ReNew Energy (RNW) CEO convert into upon vesting?
Each vested RSU converts into one Class A Ordinary Share of ReNew Energy. After vesting, the holder may exercise each unit to purchase a corresponding share at a nominal exercise price, effectively turning the RSUs into ordinary equity in the company.
What is the exercise price for the RSUs granted to ReNew Energy (RNW) CEO Sumant Sinha?
The RSUs carry an exercise price of $0.0001 per Class A Ordinary Share. This very low exercise price means the grant functions economically like a share award, aligning the CEO’s incentives with long-term shareholder value as the units vest over time.
How many RSUs will ReNew Energy (RNW) CEO hold after this transaction?
Following this grant, the Form 4 shows the CEO holding 148,923 derivative securities in the form of RSUs. These units will convert into Class A Ordinary Shares only as they vest and are exercised at the stated $0.0001 per-share exercise price.