Sumant Sinha, Chief Executive Officer and Director of ReNew Energy Global plc (NASDAQ:RNW), filed a Form 4 on September 15, 2026, disclosing the vesting of performance stock options and Performance Based Units on September 12 and September 13, 2026.

Key Highlights

  • Options vested: 400,000 Employee Stock Options (Right to Buy) vested on September 13, 2026, at an exercise price of $5.87, with an expiration date of August 23, 2031.
  • Remaining options: Following the vesting, Sinha holds 1,200,000 employee stock options beneficially owned directly, according to the filing.
  • PBUs vested (Sinha): 248,040 Performance Based Units vested on September 13, 2026, at a conversion price of $0.0001, representing 104% of the applicable Performance Metrics achieved as of the vesting date.
  • PBUs vested (spouse): 22,988 PBUs vested on September 12, 2026, granted originally to Sinha's spouse, Vaishali Nigam Sinha, also reflecting 104% achievement of the applicable Performance Metrics.
  • Original grant date: All three tranches trace to grants made on September 13, 2023, according to the filing's footnotes.

Vesting Details for Sumant Sinha's ReNew Energy Equity Awards

According to the Form 4 filed with the SEC, Sumant Sinha - Chief Executive Officer, Director, and a 10% owner of ReNew Energy Global plc - reported derivative security transactions involving performance stock options and Performance Based Units. The filing covers transactions dated September 12 and September 13, 2026, and was signed on September 15, 2026.

The filing states that on September 13, 2023, the issuer granted Sinha 1,600,000 performance stock options. On September 13, 2026, 400,000 of those options vested "based on the applicable performance vesting conditions being met." The filing further notes that the remaining 400,000 performance stock options "shall vest on September 13, 2027, subject to the applicable performance vesting conditions." Following the reported transaction, Sinha directly holds 1,200,000 of these options, all expiring August 23, 2031, at an exercise price of $5.87 per share underlying Class A Ordinary Shares.

Separately, the filing discloses that 248,040 PBUs vested for Sinha on September 13, 2026. The original grant on September 13, 2023, was for 238,500 PBUs, but the vested amount reflects "104% of the Performance Metrics having been achieved as of the vesting date." An additional 22,988 PBUs vested on September 12, 2026, indirectly, as they were originally granted to Sinha's spouse, Vaishali Nigam Sinha, on the same 2023 grant date (initially 22,104 PBUs), also vesting at 104% of the applicable Performance Metrics. All PBUs carry a conversion price of $0.0001 and an expiration date of August 23, 2031, with the underlying security being Class A Ordinary Shares.

What Was Disclosed

Sumant Sinha's Form 4 reported the vesting of 400,000 performance stock options and 248,040 PBUs held directly, plus 22,988 PBUs held indirectly through his spouse, all stemming from September 2023 grants and vesting at 104% of stated performance metrics.