Corbus Barclay 4

What Happened

• Corbus Barclay, Senior Vice President, Strategic Development at Clean Energy Fuels (CLNE), had 31,198 shares withheld to satisfy tax withholding upon vesting (disposed) on 2026-02-27 for $2.26/share, totaling $70,507. Separately, Barclay was granted 200,000 restricted stock units (RSUs) on 2026-03-02 (no immediate cash outlay). The withholding is a routine tax-related disposition; the RSU grant is equity compensation that vests over time.

Key Details

• Disposal (tax withholding): 31,198 shares at $2.26 each on 2026-02-27; proceeds reported $70,507. (Transaction code F = tax withholding)
• Grant (acquisition): 200,000 RSUs granted on 2026-03-02; acquisition price reported $0. (Transaction code A = award/grant)
• Vesting schedule (footnote): RSUs vest 34% on first anniversary, then 33% on each of the second and third anniversaries.
• Footnotes: F1 = shares withheld to satisfy tax withholding; F2 = each RSU converts to one share upon vesting; F3 = vesting schedule as above.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 filed 2026-03-03 — within the typical two-business-day reporting window (not marked late).

Context

• RSU grants are common compensation; they are not purchases and reflect future contingent ownership as they vest. The share withholding is a routine cashless action to cover taxes and should not be interpreted as a market-sale signal.