Clearway CEO surrenders shares for tax withholding
Clearway Energy, Inc. President & CEO Cornelius Craig reported a routine tax-withholding share disposition tied to equity compensation.
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Rhea-AI Filing Summary
Clearway Energy, Inc. President & CEO Cornelius Craig reported a routine tax-withholding share disposition tied to equity compensation. On July 1, 2026, 14,119 shares underlying previously granted Restricted Stock Units vested, and 7,184 Class C Common shares were surrendered to cover his tax obligation. After this non-market transaction, he directly holds 358,087 Class C Common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class C Common Stock, par value $.01 per share | 7,184 | $0.00 | $0.00 |
Footnotes (1)
- F1. On July 1, 2024, Mr. Cornelius was issued 37,945 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On July 1, 2026, 14,119 shares vested. Mr. Cornelius elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 7,184 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Amended and Restated 2013 Equity Incentive Plan financial
withholding obligation financial
Class C Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Clearway Energy (CWEN) CEO Cornelius Craig report in this Form 4?
How many Restricted Stock Units were originally granted to the Clearway Energy CEO?
What are Cornelius Craig’s Clearway Energy holdings after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.