Clearway Energy (CWEN) director receives Class C stock and 4,461 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ford Brian R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Common Stock, par value $.01 per share | 4,461 | $0.00 | -- |
| Grant/Award | Class C Common Stock, par value $.01 per share | 1,186 | $0.00 | -- |
Holdings After Transaction:
Class C Common Stock, par value $.01 per share — 102,377 shares (Direct, null)
Footnotes (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. 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. 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. 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
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.
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.
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.