Clearway director acquires 1,560 dividend rights

Clearway Energy, Inc. (CWEN) reported that director Brian R. Ford acquired 1,560 dividend equivalent rights on September 1, 2026, related to his Deferred Stock Units, which may only be settled in Class C Common Stock.

Rhea-AI Filing Summary

Clearway Energy, Inc. (CWEN) reported that director Brian R. Ford acquired 1,560 dividend equivalent rights on September 1, 2026, related to his Deferred Stock Units, which may only be settled in Class C Common Stock. After this grant, he holds the equivalent of 105,123 Class C Common Stock units, including 33,324 dividend equivalent rights.

Insider Trade Summary

Grant/Award: 1,560 shares

Grant/Award 1 txn

Insider Ford Brian R.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock, par value $.01 per share F1, F2	1,560	--	--

Holdings After Transaction: Class C Common Stock, par value $.01 per share — 105,123 shares (Direct)

Footnotes (2)

1. F1. Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units, which become exercisable proportionately with the Deferred Stock Units to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc.
2. F2. Includes 33,324 dividend equivalent rights that may only be settled in Class C Common Stock.

Key Figures

Dividend equivalent rights acquired: 1,560 rights Total Class C-equivalent holdings after transaction: 105,123 units Dividend equivalent rights included in total: 33,324 rights +1 more

4 metrics

Dividend equivalent rights acquired 1,560 rights Grant to director Brian R. Ford on September 1, 2026 related to Deferred Stock Units

Total Class C-equivalent holdings after transaction 105,123 units Direct holdings of Brian R. Ford following the September 1, 2026 acquisition

Dividend equivalent rights included in total 33,324 rights Portion of Ford’s 105,123 Class C-equivalent units that are dividend equivalent rights

Transaction count in filing 1 transaction Single grant, award, or other acquisition reported for September 1, 2026

Key Terms

dividend equivalent rights, Deferred Stock Units, Class C Common Stock

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units"

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.

Deferred Stock Units financial

"accrued on the Reporting Person's Deferred Stock Units, which become exercisable"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Class C Common Stock financial

"may only be settled in Class C Common Stock of Clearway Energy, Inc."

A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.

FAQ

What insider transaction did CWEN director Brian R. Ford report?

Brian R. Ford reported an acquisition of 1,560 dividend equivalent rights on September 1, 2026. These rights are tied to his Deferred Stock Units and may only be settled in Class C Common Stock of Clearway Energy, Inc.

How many Clearway Energy (CWEN) Class C-equivalent units does Brian R. Ford now hold?

After the reported grant, Brian R. Ford holds 105,123 Class C Common Stock equivalent units, which the filing states include 33,324 dividend equivalent rights that may only be settled in Class C Common Stock.

What was the nature of the 1,560 units reported in the CWEN Form 4?

The 1,560 units represent dividend equivalent rights accrued on Brian R. Ford’s Deferred Stock Units. According to the filing, they become exercisable proportionately with the related Deferred Stock Units and may only be settled in Class C Common Stock.

Was a Rule 10b5-1 trading plan involved in this CWEN Form 4 transaction?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and no footnote states that the September 1, 2026 acquisition of dividend equivalent rights was made under a Rule 10b5-1 trading plan.

Are the reported dividend equivalent rights in CWEN settled in cash or stock?

The filing states that the dividend equivalent rights may only be settled in Class C Common Stock of Clearway Energy, Inc., and they become exercisable proportionately with the Deferred Stock Units to which they relate.

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Available on EDGAR 09/03/2026 - 05:13 PM Accepted by SEC EDGAR 09/03/2026 - 04:27 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^*

Ford Brian R.

(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
	Officer (give title below)		Other (specify below)

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		1,560	A	(1)	105,123(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 Deferred Stock Units, which become exercisable proportionately with the Deferred Stock Units to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc.

2. Includes 33,324 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)