Clean Energy Fuels (CLNE) SVP has 60,561 vested shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clean Energy Fuels Corp. senior vice president of strategic development Barclay Corbus reported a tax-related share disposition. On the vesting of restricted stock, 60,561 shares of common stock were withheld at $2.32 per share to cover tax withholding obligations, rather than being sold on the open market.
After this tax-withholding disposition, Corbus’s direct holdings in Clean Energy Fuels common stock totaled 1,169,489 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corbus Barclay
Role
SVP, STRATEGIC DEVELOPMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 60,561 | $2.32 | $141K |
Holdings After Transaction:
Common Stock — 1,169,489 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Clean Energy Fuels (CLNE) report for Barclay Corbus?
Clean Energy Fuels reported that SVP Barclay Corbus had 60,561 common shares withheld to satisfy tax obligations upon restricted stock vesting. These shares were not sold on the open market but used specifically to cover required withholding taxes.
What does transaction code F mean in the Barclay Corbus CLNE Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 60,561 Clean Energy Fuels shares were withheld upon restricted stock vesting to satisfy Corbus’s tax withholding obligations, rather than representing a discretionary share sale.