ReNew Energy (RNW) CEO Varghese S. Chacko Receives Award

What Happened

• Varghese Sanjay Chacko, Chief Executive Officer and Whole Time Director of Solar Manufacturing at ReNew Energy Global plc (RNW), was credited with 22,988 performance-based units/shares on September 13, 2026. The Form 4 lists the acquisition price as $0.00, reflecting an earned award rather than a market purchase.

Key Details

• Transaction date: 2026-09-13; filing date: 2026-09-15 (filed within the usual 2-business-day Form 4 window).
• Transaction type/code: Award/Grant (A) — performance-based units earned.
• Amount: 22,988 shares; reported purchase price: $0.00 (no cash paid by the insider).
• Shares owned after transaction: not disclosed in the provided data.
• Footnote: The units were originally granted on September 13, 2023 under the 2021 Incentive Award Plan and were earned when the issuer determined performance goals for the period ending September 13, 2026 had been met.

Context

• These were performance-based compensation units that vested/converted to shares upon meeting performance criteria; such awards are a routine part of executive pay and do not by themselves indicate the insider is buying or selling stock in the open market. The $0 reporting reflects an awarded grant rather than a cash purchase; market value or subsequent disposition of the shares is not shown in this filing.