Clearway SVP granted 335 Class C shares

Clearway Energy’s SVP and general counsel received 335 Class C shares via dividend-equivalent rights linked to RSUs, bringing his direct holdings to 22,629 shares.

Rhea-AI Filing Summary

Clearway Energy, Inc. (CWEN) reported that officer Michael August Brown, SVP, GC & Corporate Secretary, acquired 335 shares of Class C Common Stock on September 1, 2026 through a grant of dividend equivalent rights tied to his Restricted Stock Units. After this award, he holds 22,629 Class C shares directly, including 590 dividend equivalent rights that may be settled only in Class C Common Stock. No transactions were reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Grant/Award: 335 shares

Grant/Award 1 txn

Insider Brown Michael August

Role SVP, GC & Corp. Secretary

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock, par value $.01 per share F1, F2	335	--	--

Holdings After Transaction: Class C Common Stock, par value $.01 per share — 22,629 shares (Direct)

Footnotes (2)

1. F1. Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs"), which become exercisable proportionately with the RSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU to which they relate.
2. F2. Includes 590 dividend equivalent rights that may only be settled in Class C Common Stock.

Key Figures

Shares acquired in grant: 335 shares Total Class C shares held after transaction: 22,629 shares Dividend equivalent rights included in holdings: 590 rights +1 more

4 metrics

Shares acquired in grant 335 shares Grant of dividend equivalent rights on September 1, 2026

Total Class C shares held after transaction 22,629 shares Direct holdings of Michael August Brown after the award

Dividend equivalent rights included in holdings 590 rights Rights that may only be settled in Class C Common Stock

Transaction date September 1, 2026 Date of grant/award acquisition of 335 shares

Key Terms

dividend equivalent rights, Restricted Stock Units ("RSUs"), Class C Common Stock

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's RSUs"

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.

Restricted Stock Units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

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

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

What insider transaction did CWEN report for Michael August Brown?

Clearway Energy reported that Michael August Brown received a grant of 335 shares of Class C Common Stock on September 1, 2026, through dividend equivalent rights related to his Restricted Stock Units.

How many CWEN Class C shares does Michael August Brown hold after this Form 4?

After the reported transaction, Michael August Brown directly holds 22,629 shares of Clearway Energy Class C Common Stock, which includes 590 dividend equivalent rights that may only be settled in Class C Common Stock.

Was the CWEN insider transaction a market purchase or sale?

No market purchase or sale was reported. The Form 4 shows a grant/award acquisition of 335 shares via dividend equivalent rights on Restricted Stock Units, rather than an open-market trade.

Are the CWEN dividend equivalent rights 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, and become exercisable proportionately with the underlying Restricted Stock Units.

Was the CWEN insider transaction made under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not checked, so the reported grant of 335 dividend equivalent rights was not affirmed as being made under a Rule 10b5-1 trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/03/2026 - 04:50 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:33 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^*

Brown Michael August

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, GC & Corp. Secretary

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		335	A	(1)	22,629(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"), which become exercisable proportionately with the RSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU to which they relate.

2. Includes 590 dividend equivalent rights that may only be settled in Class C Common Stock.

	/s/ Michael A. Brown	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)