Littlefair Andrew J 4
Research Summary
AI-generated summary
Clean Energy (CLNE) Director Andrew J. Littlefair Receives RSU Award
What Happened
- Andrew J. Littlefair, a director of Clean Energy Fuels Corp. (CLNE), was granted 67,839 restricted stock units (RSUs) on 2026-06-10. The Form 4 reports an acquisition at $0.00 (award), meaning no cash was paid for the award itself. The filing records the grant as an award (transaction code A).
Key Details
- Transaction date and price: 2026-06-10; award recorded at $0.00 per RSU (code A).
- Number of RSUs granted: 67,839.
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnotes: F1 — each RSU represents a contingent right to one share upon vesting; F2 — 100% of the RSUs vest on the first anniversary of the grant.
- Filing date: Form 4 filed 2026-06-12 (appears timely; Form 4s are generally required within two business days).
Context
- RSUs are a form of compensation that convert into actual shares only upon vesting; this grant does not represent an open-market purchase or sale and is commonly used to align directors with shareholder interests. The award itself is not a direct market signal like an insider purchase or sale — the actual issuance of shares will occur if and when the RSUs vest (per the one-year schedule above).