Clearway Energy insider records share conversion
Clearway Energy, Inc. executive Kevin P. Malcarney reported an automatic share-class conversion related to the company’s recapitalization.
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Form Type
4
Rhea-AI Filing Summary
Clearway Energy, Inc. executive Kevin P. Malcarney reported an automatic share-class conversion related to the company’s recapitalization. A total of 600 shares of Class A common stock converted into 600 shares of Class C common stock without any cash changing hands, as part of a company-wide Class A Conversion exempt under SEC Rule 16b-7. Following the change, he directly holds 88,962 shares of Class C common stock and no Class A common stock.
Insider Trade Summary
Other: 1,200 shares
Other
2 txns
Insider
Malcarney Kevin P.
Role
EVP, GEN COUNSEL AND CORP SECR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, par value $.01 per share | 600 | $0.00 | $0.00 |
| Other | Class C Common Stock, par value $.01 per share | 600 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock, par value $.01 per share — 0 shares (Direct);
Class C Common Stock, par value $.01 per share — 88,962 shares (Direct)
Footnotes (1)
- F1. Reflects the automatic conversion on May 1, 2026 of each outstanding share of Clearway Energy, Inc. Class A common stock into one share of Clearway Energy, Inc. Class C common stock pursuant to an amendment and restatement of the Certificate of Incorporation of Clearway Energy, Inc. filed on April 29, 2026 (the "Class A Conversion"). The Class A Conversion is an exempt transaction pursuant to SEC Rule 16b-7.
Key Figures
Restructuring shares: 1,200 shares
Class A converted: 600 shares
Class C received: 600 shares
+3 more
6 metrics
Restructuring shares
1,200 shares
Total shares involved in restructuring-coded transactions
Class A converted
600 shares
Class A common stock automatically converted to Class C
Class C received
600 shares
Class C common stock from share-class conversion
Class C holdings after
88,962 shares
Direct Class C common stock owned after transaction
Class A holdings after
0 shares
Direct Class A common stock owned after conversion
Price per share
$0.0000
Reported transaction price for both legs of the conversion
Key Terms
Class A common stock, Class C common stock, Certificate of Incorporation, Class A Conversion, +1 more
5 terms
Class A common stock financial
"each outstanding share of Clearway Energy, Inc. Class A common stock into one share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class C common stock financial
"into one share of Clearway Energy, Inc. Class C common stock pursuant"
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.
Certificate of Incorporation regulatory
"pursuant to an amendment and restatement of the Certificate of Incorporation of Clearway Energy"
A certificate of incorporation is an official government document that creates a corporation and records key facts such as its legal name, basic governance structure, and stock authorization—think of it as a company's birth certificate plus its basic rulebook. Investors care because it establishes the company’s legal existence, limits owners’ personal liability, and sets the framework for issuing shares and enforcing shareholder rights, which affects ownership, control and the company’s ability to raise capital.
Class A Conversion financial
"filed on April 29, 2026 (the "Class A Conversion"). The Class A Conversion is an exempt"
SEC Rule 16b-7 regulatory
"The Class A Conversion is an exempt transaction pursuant to SEC Rule 16b-7."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kevin P. Malcarney report for Clearway Energy (CWEN)?
Kevin P. Malcarney reported an automatic share-class conversion, where 600 shares of Class A common stock became 600 shares of Class C common stock. This was recorded as an "other" restructuring transaction, not an open-market buy or sell, with no cash consideration involved.
What is the nature of the Class A to Class C conversion reported for Clearway Energy (CWEN)?
The filing describes an automatic one-for-one conversion of each outstanding Class A share into a Class C share. It occurred under an amended and restated Certificate of Incorporation and is referred to as the "Class A Conversion," treated as an exempt restructuring transaction for reporting purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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