Vreeland Robert M. 4

What Happened

• Robert M. Vreeland, Chief Financial Officer of Clean Energy Fuels Corp. (CLNE), had 36,482 shares withheld to satisfy tax withholding obligations upon vesting (reported as a disposition) on 2026-02-27 at $2.26 per share, totaling $82,449. He was also granted 200,000 restricted stock units (RSUs) on 2026-03-02 (no cash paid for the grant).

Key Details

• Transactions:
  • 2026-02-27: 36,482 shares withheld for taxes (code F) at $2.26 — $82,449 realized (disposition reported).
  • 2026-03-02: Award/grant of 200,000 RSUs (code A) — $0 cash consideration.
• Vesting: RSUs vest 34% on the first anniversary of the grant, and 33% on each of the second and third anniversaries (i.e., 68,000; 66,000; 66,000).
• Footnotes:
  • F1: the 36,482 shares were withheld to satisfy tax withholding obligations on vesting.
  • F2: each RSU entitles the holder to one share upon vesting/settlement.
  • F4: the reported amount includes an increase of 52,800 shares that were inadvertently omitted from prior reports.
• Shares owned after the transactions: not specified in this filing.
• Timeliness: Form 4 was filed 2026-03-03 for transactions dated 2026-02-27 and 2026-03-02; the filing appears timely under the Form 4 reporting window.

Context

• The 36,482-share disposition was a routine tax-withholding method upon vesting of restricted stock and is not the same as an open-market sale indicating a directional trade. The 200,000 RSU grant is a compensation award that vests over three years; until vesting and settlement, these are contingent rights rather than immediately tradable shares.