Clearway CEO granted 4,277 Class C dividend rights

Clearway Energy’s President & CEO received 4,277 additional Class C shares via dividend-equivalent rights, increasing his direct holdings to 362,364 shares.

Rhea-AI Filing Summary

Clearway Energy, Inc. (CWEN) reported that President & CEO Craig Cornelius acquired 4,277 shares of Class C Common Stock on September 1, 2026 through a grant of dividend equivalent rights tied to existing RSUs and RPSUs. Following this award, he directly holds 362,364 Class C shares, including 23,427 dividend equivalent rights that may only be settled in Class C stock. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 4,277 shares

Grant/Award 1 txn

Insider Cornelius Craig

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock, par value $.01 per share F1, F2	4,277	--	--

Holdings After Transaction: Class C Common Stock, par value $.01 per share — 362,364 shares (Direct)

Footnotes (2)

1. F1. Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.
2. F2. Includes 23,427 dividend equivalent rights that may only be settled in Class C Common Stock.

Key Figures

Shares acquired: 4,277 shares Total holdings after transaction: 362,364 shares Dividend equivalent rights included: 23,427 rights +1 more

4 metrics

Shares acquired 4,277 shares Grant of dividend equivalent rights on September 1, 2026

Total holdings after transaction 362,364 shares Direct Class C Common Stock held by Craig Cornelius after the grant

Dividend equivalent rights included 23,427 rights Dividend equivalent rights that may only be settled in Class C Common Stock

Rule 10b5-1 plan status Not under a Rule 10b5-1 plan Document-level 10b5-1 checkbox is unchecked

Key Terms

dividend equivalent rights, Restricted Stock Units ("RSUs"), Relative Performance Stock Units ("RPSUs")

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's RSUs and RPSUs"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Restricted Stock Units ("RSUs") financial

"accrued on the Reporting Person's Restricted Stock Units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Relative Performance Stock Units ("RPSUs") financial

"and Relative Performance Stock Units ("RPSUs")"

FAQ

What insider transaction did Clearway Energy (CWEN) report for Craig Cornelius?

Craig Cornelius, President & CEO of Clearway Energy, acquired 4,277 Class C shares on September 1, 2026 through a grant of dividend equivalent rights linked to his RSUs and RPSUs.

How many Clearway Energy (CWEN) shares does Craig Cornelius hold after this Form 4 transaction?

After the September 1, 2026 grant, Craig Cornelius directly holds 362,364 shares of Clearway Energy Class C Common Stock, including dividend equivalent rights that may only be settled in Class C stock.

What are the 4,277 Clearway Energy (CWEN) shares reported in this Form 4?

The 4,277 shares represent dividend equivalent rights accrued on Craig Cornelius’s RSUs and RPSUs, which become exercisable proportionately with those units and may only be settled in Class C Common Stock of Clearway Energy.

How many dividend equivalent rights does the Clearway Energy (CWEN) CEO now have?

The filing states that Craig Cornelius’s holdings include 23,427 dividend equivalent rights that may only be settled in Clearway Energy Class C Common Stock, in addition to other directly held shares.

Was Craig Cornelius’s Clearway Energy (CWEN) transaction under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, so no Rule 10b5-1 trading plan is reported for this acquisition of dividend equivalent rights.

Is the reported Clearway Energy (CWEN) transaction a market purchase or a compensation award?

The Form 4 describes the transaction as a grant or award acquisition of dividend equivalent rights tied to RSUs and RPSUs, not as an open-market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 05:07 PM Accepted by SEC EDGAR 09/03/2026 - 04:31 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cornelius Craig

(Last) (First) (Middle)

CLEARWAY ENERGY, INC.

902 CARNEGIE CENTER, SUITE 520

(Street)

PRINCETON NEW JERSEY 08540

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Clearway Energy, Inc. [ CWEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class C Common Stock, par value $.01 per share	09/01/2026		A		4,277	A	(1)	362,364(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

2. Includes 23,427 dividend equivalent rights that may only be settled in Class C Common Stock.

	/s/ Michael A. Brown, Attorney-in-Fact	09/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)