Brookfield Renewable (BEP) Co-President reports indirect units and exchangeable shares
Rhea-AI Filing Summary
Brookfield Renewable Partners L.P. executive Hartley Wyatt Kennard Herbert filed an initial Form 3, reporting indirect holdings rather than new trades. The filing lists 252 Class A Exchangeable Subordinate Voting Shares of Brookfield Renewable Corporation held through a Registered Education Savings Plan and 1,008 Limited Partnership Units of Brookfield Renewable Partners L.P.
The exchangeable shares are convertible on a one-for-one basis into non-voting Limited Partnership Units or their cash equivalent at the partnership’s election, highlighting the mix of indirect equity and exchangeable interests associated with this Co‑President.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hartley Wyatt Kennard Herbert
Role
Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
| holding | Limited Partnership Units | -- | -- | -- |
Holdings After Transaction:
Class A Exchangeable Subordinate Voting Shares — 252 shares (Indirect, See Footnote);
Limited Partnership Units — 1,008 shares (Indirect, See Footnote)
Footnotes (2)
- F1. Held through a Registered Education Savings Plan.
- F2. Represents Class A Exchangeable Subordinate Voting Shares of Brookfield Renewable Corporation which are exchangeable into Non-Voting Limited Partnership Units of Brookfield Renewable Partners L.P. on a one-for-one basis (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of Brookfield Renewable Partners L.P.).
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FAQ
What does Brookfield Renewable Partners (BEP) Co-President report on this Form 3?
The Co-President reports existing indirect holdings, not new trades. The Form 3 lists 252 Class A Exchangeable Subordinate Voting Shares and 1,008 Limited Partnership Units, establishing his baseline ownership position in Brookfield Renewable Partners and Brookfield Renewable Corporation.
Are there any buy or sell transactions in this Brookfield Renewable (BEP) Form 3?
No, this Form 3 shows holdings only, with no reported purchases or sales. It records indirect ownership of exchangeable shares and limited partnership units, setting an initial disclosure baseline rather than indicating any recent trading activity in BEP securities.
How many Brookfield Renewable (BEP) units does the Co-President indirectly hold?
The filing shows 1,008 Limited Partnership Units indirectly held. It also reports 252 Class A Exchangeable Subordinate Voting Shares that are exchangeable into non-voting Limited Partnership Units or cash, providing additional indirect economic exposure to Brookfield Renewable Partners.
Does this Brookfield Renewable (BEP) Form 3 show any derivative exercises or option activity?
No exercises or options are reported here. The derivative summary simply reflects that the 252 Class A Exchangeable Subordinate Voting Shares are exchangeable into an equal number of non-voting Limited Partnership Units, without any exercise price beyond zero or expiration date.