Form 4: Clean Energy Fuels Corp. Director Patrick J. Ford Reports Acquisition of Stock and Options

Director Patrick J. Ford reported the acquisition of 22,900 shares of common stock and options to purchase 32,608 shares of common stock in Clean Energy Fuels Corp.

Summary

• On May 16, 2024, Patrick J. Ford, a director of Clean Energy Fuels Corp., reported acquiring 22,900 shares of common stock.
• These shares were obtained through an award of restricted stock units (RSUs), each representing a contingent right to receive one share of the Issuer's common stock upon vesting and settlement.
• 100% of the shares subject to the RSU fully vest on the first anniversary of the grant date.
• Ford also acquired options to purchase 32,608 shares of common stock at an exercise price of $1.84.
• These options also vest 100% on the first anniversary of the grant date and expire on May 15, 2034.
• Following these transactions, Ford directly owns 26,702 shares of common stock and options for 32,608 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of insider transactions. The acquisition of shares and options by a director could be seen as a slightly positive signal, but it's not a major event.

Positives

• A director increasing their holdings in the company can be seen as a positive signal.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates