Form 4: Clean Energy Fuels CEO Receives RSU Grant

Clean Energy Fuels Corp. CEO Barclay Corbus was granted 166,532 restricted stock units as part of an equity compensation award.

Summary

• CEO and President Barclay Corbus acquired 166,532 restricted stock units (RSUs) on April 22, 2026.
• Each RSU represents a contingent right to receive one share of common stock upon vesting.
• The total beneficial ownership for the CEO following this transaction is 1,336,021 shares.
• The RSUs vest over a three-year period: 34% on the first anniversary and 33% on each of the second and third anniversaries.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation, which is expected in the normal course of business.

Positives

• Equity-based compensation aligns the interests of the CEO with those of shareholders.
• The multi-year vesting schedule encourages long-term retention of executive leadership.

Negatives

• The issuance of new RSUs results in potential future dilution for existing shareholders upon settlement.

Risks

• Future share price volatility may impact the ultimate value realized by the executive upon vesting.

Future Outlook

The filing does not provide specific financial guidance, focusing solely on executive equity compensation.

Industry Context

StockSavvy.ai notes that equity grants for C-suite executives in the renewable energy sector are standard practice to ensure leadership alignment with long-term strategic growth and sustainability targets.

Comparison to Industry Standards

• The three-year vesting schedule is consistent with standard corporate governance practices for executive compensation in the energy sector.
• The use of RSUs as a primary incentive tool is common among mid-cap growth companies to preserve cash while incentivizing performance.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual settlement of these RSUs into common stock.

Next Steps

• Vesting of 34% of the RSUs on April 22, 2027.
• Vesting of 33% of the RSUs on April 22, 2028.
• Vesting of 33% of the RSUs on April 22, 2029.

Key Dates

Keywords

Clean Energy Fuels, CLNE, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units