Form 4: Clean Energy Fuels Corp. Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Barclay Corbus, SVP of Strategic Development at Clean Energy Fuels Corp., disposed of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On March 4, 2025, Barclay Corbus, SVP of Strategic Development at Clean Energy Fuels Corp., disposed of 48,660 shares of common stock.
- The shares were sold at a price of $1.88 per share.
- This transaction was to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Corbus directly owns 1,166,548 shares of Clean Energy Fuels Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover taxes is a common occurrence and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: Barclay Corbus disposed of shares. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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