Form 4: Clean Energy Fuels Corp. CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert M. Vreeland, CFO of Clean Energy Fuels Corp., disposed of 31,862 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 4, 2025, Robert M. Vreeland, the Chief Financial Officer of Clean Energy Fuels Corp., disposed of 31,862 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The shares were sold at a price of $1.88 per share.
- Following the transaction, Vreeland beneficially owns 626,938 shares of Clean Energy Fuels Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: CFO disposed of shares to cover tax obligations. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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