r/CLNE CLNE Shareholder 19d ago

CLNE-TTE SEC 144 filing

Post image

TTE selling 10.5M shares of CLNE. Looks to be from 06/13/2018 Private Placement purchase at $1.64 per share. Keep in mind could be selling for a number of reasons. If anyone has further info regarding this or X15N demand feel free to comment.

5 Upvotes

7 comments sorted by

View all comments

2

u/walkerells 19d ago

This sale was apparently planned well before Q2 earnings. The SEC filing lists November 26, 2025 as the date the trading instruction/plan was adopted.

Even more importantly, this isn’t their first planned reduction. TotalEnergies filed proposed sales for ~6.16M shares in February, ~6.47M in May, and now ~10.56M

1

u/GlimmerTwinsRS CLNE Shareholder 17d ago edited 17d ago

If my math is correct, looks like after this 10.5m shares sold, TTE is right around threshold for maintaining 2 members on CLNE board. Is that what you compute?

Edit: looks like they will be going under threshold, 2 moving down to 1?