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Clearway Energy (NYSE: CWEN) CEO granted 2,535 Class C shares in award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clearway Energy, Inc. President & CEO Cornelius Craig acquired 2,535 shares of Class C common stock on a grant or award basis at a price of $0.00 per share. Following this award, he directly holds 335,247 Class C shares, including 15,737 dividend equivalent rights that can only be settled in Class C stock.

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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.
300 CARNEGIE CENTER, SUITE 300

(Street)
PRINCETON NJ 08540

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 A 2,535 A (1) 335,247(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 15,737 dividend equivalent rights that may only be settled in Class C Common Stock.
/s/ Kevin P. Malcarney, Attorney-in-Fact 03/04/2026
** 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.

FAQ

What did Clearway Energy (CWEN) CEO Cornelius Craig report on this Form 4?

Cornelius Craig reported an acquisition of shares through an award. He received 2,535 shares of Class C common stock as a grant or award, rather than an open‑market purchase, and the transaction was reported as a non‑derivative acquisition at no cash cost.

How many Clearway Energy (CWEN) shares did the CEO acquire and at what price?

The CEO acquired 2,535 Class C common shares at $0.00 per share. The filing classifies the transaction as a grant or award acquisition, meaning the shares were received as compensation rather than bought in the market for cash consideration.

What is Cornelius Craig’s total direct holding in Clearway Energy (CWEN) after this transaction?

After the award, Cornelius Craig directly holds 335,247 Class C shares. This figure includes 15,737 dividend equivalent rights that may only be settled in Class C common stock, tied to his outstanding restricted and performance stock unit awards.

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

Dividend equivalent rights mirror dividends on underlying stock units. In this case, they accrue on the CEO’s RSUs and RPSUs, vest proportionately with those units, and may only be settled in Class C common stock of Clearway Energy, rather than in cash.

Does the Clearway Energy (CWEN) CEO’s Form 4 involve any share sales?

No, the reported transaction is solely an acquisition by award. The filing shows one grant or award acquisition of 2,535 Class C shares, with no dispositions or sales reported, and the transaction is coded as an acquisition under code “A.”
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