Clean Energy Fuels Corp SEC Filings

Clean Energy Fuels Corp. director Andrew J. Littlefair reported an open‑market sale of Common Stock. He sold 165,000 shares on May 18, 2026 at a weighted average price of $2.0463 per share, in multiple trades between $2.03 and $2.08.

After this sale, Littlefair directly holds 1,914,993 shares of Clean Energy Fuels common stock. The filing notes that detailed trade‑by‑trade pricing within the reported range is available upon request from the company, any security holder, or the SEC staff.

Raymond James & Associates submitted a Form 144 notice relating to proposed sales of Common stock of CLNE on 05/18/2026 for Nasdaq‑listed shares. The filing lists historical acquisition events and share counts tied to purchases, RSU vesting, and option exercises including 23,253; 23,840; and 117,907 shares respectively.

Clean Energy Fuels Corp. reported first‑quarter 2026 revenue of $117.6M, up from $103.8M a year earlier, driven mainly by higher product revenue and stronger contributions from RIN and LCFS environmental credits.

The company’s operating loss narrowed sharply to $2.9M from $126.3M, as the prior‑year period included a $64.3M goodwill impairment and large accelerated depreciation tied to LNG station removals. Net loss attributable to Clean Energy fell to $12.4M (basic and diluted loss $0.06 per share) from $135.0M (loss $0.60 per share). Cash, cash equivalents and restricted cash declined to $57.7M, while short‑term investments increased to $70.8M, reflecting a shift into U.S. government securities. Total debt was about $227.9M, mainly the Stonepeak term loan bearing interest at 9.50%.

Clean Energy Fuels Corp. reported higher Q1 2026 revenue but remained unprofitable. Total revenue rose to $117.6 million from $103.8 million a year earlier, driven by more fuel sold and stronger environmental credit revenue.

Renewable natural gas volumes increased to 67.4 million gasoline gallon equivalents (GGEs) from 50.6 million, lifting total fuel volume to 84.7 million GGEs. RIN and LCFS credit revenue grew to $14.4 million from $9.0 million.

GAAP net loss narrowed sharply to $12.4 million from $135.0 million, mainly because Q1 2025 included goodwill impairment and accelerated depreciation charges. Non-GAAP results softened, with non-GAAP net income of $1.5 million in Q1 2025 turning into a $1.6 million non-GAAP loss and Adjusted EBITDA slipping slightly to $16.6 million from $17.1 million. For 2026, management projects a GAAP net loss of $71–$66 million and Adjusted EBITDA of $70–$75 million, including an estimated $47 million of Amazon warrant charges.

Clean Energy Fuels Corp. is asking stockholders to vote at a virtual annual meeting on June 10, 2026. The agenda includes electing six directors, ratifying KPMG LLP as independent auditor, and an advisory vote approving named executive officer compensation.

The proxy highlights a leadership transition, with longtime executive Barclay F. Corbus becoming President and Chief Executive Officer, while co‑founder Andrew J. Littlefair remains on the board. The company reports operating eight dairy renewable natural gas (RNG) projects, three more in construction or development, and delivering 237 million gallons of RNG in 2025.

Clean Energy notes completion of the South Fork Dairy RNG facility in Texas, capable of producing 2.6 million gallons of low carbon-intensity fuel annually, and the monetization of $29.5 million in investment tax credits tied to RNG projects. Large stockholders include TotalEnergies affiliates and Stonepeak CLNE‑W Holdings LP. The filing also describes governance practices, board committee structure, director independence, and an executive pay program that now incorporates performance stock units linked to stock price and negative carbon-intensity dairy gas sales.

Littlefair Andrew J reported acquisition or exercise transactions in this Form 4 filing.

Clean Energy Fuels Corp. director Andrew J. Littlefair received a grant of 403,255 restricted stock units (RSUs) of common stock as compensation. Each RSU represents the right to receive one share of common stock when it vests. The RSUs vest 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Following this award, Littlefair directly holds 2,079,993 shares of common stock.

Clean Energy Fuels Corp. director and CEO Barclay Corbus received an equity compensation grant in the form of restricted stock units. He was awarded 166,532 shares of Common Stock at a price of $0.00 per share, classified as a grant or award acquisition rather than a market purchase.

Following this grant, Corbus directly holds 1,336,021 shares of the company’s common stock. The RSUs vest over three years, with 34% vesting on the first anniversary of the grant date and 33% vesting on each of the second and third anniversaries, subject to the vesting and settlement conditions.

Clean Energy Fuels Corp. announced a leadership transition, appointing Barclay “Clay” Corbus as President and Chief Executive Officer effective April 22, 2026, succeeding long-time CEO and co-founder Andrew Littlefair.

Corbus, age 59, has spent nearly two decades in senior roles at the company and now also joins the Board of Directors. His amended employment agreement runs initially through April 30, 2029 and includes a $750,000 annual base salary, a target bonus equal to 100% of salary, and a time-vesting restricted stock unit grant valued at $413,000.

Littlefair resigns as President and CEO on the transition date but will remain on the Board and enter a three-year consulting arrangement. He will receive a consulting retainer of $750,000 per year, a potential 2026 bonus capped at 150% of his 2025 base salary, benefits-related payments, and a $1,000,000 time-vesting restricted stock unit award tied to continued consulting services.