Form 4: Clean Energy Fuels Corp. Director James C. Miller III Reports Stock and Option Awards

Director James C. Miller III reports the acquisition of restricted stock units and stock options in Clean Energy Fuels Corp.

Summary

• On May 16, 2024, James C. Miller III, a director of Clean Energy Fuels Corp., reported transactions involving the company's stock.
• Miller acquired 22,900 shares of common stock through restricted stock units (RSUs) at $0 price.
• Miller gifted 22,900 shares of common stock RSUs for no consideration.
• Miller also acquired 32,608 stock options with an exercise price of $1.84, vesting on May 16, 2025, and expiring on May 15, 2034.
• Following these transactions, Miller directly owns 22,900 shares and indirectly owns 207,030 shares through a trust.
• Miller also directly owns 32,608 derivative securities in the form of stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing simply reports transactions, and while insider ownership can be seen as a positive, it's a routine disclosure.

Positives

• The acquisition of RSUs and stock options by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder sentiment due to increased insider ownership.

Key Dates