Clearway Energy director granted stock and deferred units

Clearway Energy, Inc. director Brian R. Ford reported stock-based compensation awards rather than open‑market trades.

Rhea-AI Filing Summary

Clearway Energy, Inc. director Brian R. Ford reported stock-based compensation awards rather than open‑market trades. He acquired 1,186 shares of Class C Common Stock and 4,461 Deferred Stock Units at no cash cost to him. The Deferred Stock Units each equal one share of Class C stock and will be settled in stock when his service on the board ends. The filing also notes dividend equivalent rights tied to these units, including 31,764 rights that can only be settled in Class C Common Stock, effectively reinvesting dividends into additional stock-based claims.

Insider Trade Summary

Grant/Award: 5,647 shares

Grant/Award 2 txns

Insider Ford Brian R.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock, par value $.01 per share	4,461	$0.00	$0.00
Grant/Award	Class C Common Stock, par value $.01 per share	1,186	$0.00	$0.00

Holdings After Transaction: Class C Common Stock, par value $.01 per share — 103,563 shares (Direct)

Footnotes (4)

1. F1. Represents 4,461 Deferred Stock Units issued to the Reporting Person by Clearway Energy, Inc. under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan.
2. F2. Each Deferred Stock Unit is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share. The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each Deferred Stock Unit he owns upon termination of his service on Clearway Energy, Inc.'s Board of Directors.
3. F3. 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.
4. F4. Includes 31,764 dividend equivalent rights that may only be settled in Class C Common Stock.

Key Figures

Shares granted: 1,186 shares Deferred Stock Units granted: 4,461 units Shares after one grant: 103,563 shares +2 more

5 metrics

Shares granted 1,186 shares Class C Common Stock grant on June 1, 2026

Deferred Stock Units granted 4,461 units Deferred Stock Units under 2013 Equity Incentive Plan

Shares after one grant 103,563 shares Total Class C shares following one reported acquisition

Shares after other grant 102,377 shares Total Class C shares following the other reported acquisition

Dividend equivalent rights 31,764 rights Rights that may only be settled in Class C Common Stock

Key Terms

Deferred Stock Units, dividend equivalent rights, Amended and Restated 2013 Equity Incentive Plan, Class C Common Stock

4 terms

Deferred Stock Units financial

"Represents 4,461 Deferred Stock Units issued to the Reporting Person by Clearway Energy, Inc."

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.

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units, which become exercisable proportionately"

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.

Amended and Restated 2013 Equity Incentive Plan financial

"under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan."

Class C Common Stock financial

"Each Deferred Stock Unit is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock"

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Clearway Energy (CWEN) director Brian R. Ford report on this Form 4?

Brian R. Ford reported stock-based compensation awards, not open-market trades. He received Class C Common Stock and Deferred Stock Units that were granted at no cash cost under Clearway Energy’s equity incentive plan, increasing his equity-linked exposure to the company.

How many Clearway Energy (CWEN) Class C shares did Brian R. Ford acquire?

He acquired 1,186 shares of Class C Common Stock. These shares were reported with a transaction code "A," indicating a grant, award, or other acquisition, rather than a purchase on the open market, and they are held directly in his name.

What are the 4,461 Deferred Stock Units reported by Clearway Energy (CWEN) director Ford?

The 4,461 Deferred Stock Units are stock-based awards granted under Clearway Energy’s Amended and Restated 2013 Equity Incentive Plan. Each unit is equivalent in value to one Class C Common share and will be settled in stock when his board service terminates.

When will Brian R. Ford receive Clearway Energy (CWEN) shares for his Deferred Stock Units?

He will receive one share of Class C Common Stock for each Deferred Stock Unit upon termination of his service on Clearway Energy’s Board of Directors. Until then, the units represent deferred equity claims rather than current stock ownership.

What are the dividend equivalent rights mentioned in the Clearway Energy (CWEN) Form 4?

Dividend equivalent rights accrue on his Deferred Stock Units and become exercisable proportionately with those units. They may only be settled in Class C Common Stock, effectively mirroring dividends by adding additional stock-based rights instead of cash payments.

How many dividend equivalent rights tied to Clearway Energy (CWEN) stock does Brian R. Ford hold?

The filing states that his holdings include 31,764 dividend equivalent rights. These rights are linked to his Deferred Stock Units and may only be settled in Class C Common Stock, further increasing his potential future equity exposure to the company.

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

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Accepted by SEC EDGAR 06/03/2026 - 05:33 PM EDT 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.

300 CARNEGIE CENTER, SUITE 300

(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)
06/01/2026

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	06/01/2026		A		4,461	A	(1)	102,377(2)	D
Class C Common Stock, par value $.01 per share	06/01/2026		A		1,186	A	(3)	103,563(4)	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 4,461 Deferred Stock Units issued to the Reporting Person by Clearway Energy, Inc. under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan.

2. Each Deferred Stock Unit is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share. The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each Deferred Stock Unit he owns upon termination of his service on Clearway Energy, Inc.'s Board of Directors.

3. 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.

4. Includes 31,764 dividend equivalent rights that may only be settled in Class C Common Stock.

	/s/ Michael A. Brown, Attorney-in-Fact	06/03/2026
	** 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)