Clearway director acquires 371 Class C shares

Clearway Energy, Inc. (CWEN) reported that director Jennifer Elaine Lowry acquired 371 shares of Class C Common Stock on September 1, 2026 through a grant of dividend equivalent rights tied to her Deferred Stock Units.

Rhea-AI Filing Summary

Clearway Energy, Inc. (CWEN) reported that director Jennifer Elaine Lowry acquired 371 shares of Class C Common Stock on September 1, 2026 through a grant of dividend equivalent rights tied to her Deferred Stock Units. After this acquisition, she holds 25,840 Class C shares, including 3,282 dividend equivalent rights that may only be settled in Class C Common Stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 371 shares

Grant/Award 1 txn

Insider Lowry Jennifer Elaine

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock, par value $.01 per share F1, F2	371	--	--

Holdings After Transaction: Class C Common Stock, par value $.01 per share — 25,840 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Includes 3,282 dividend equivalent rights that may only be settled in Class C Common Stock.

Key Figures

Shares acquired: 371 shares Total Class C shares after transaction: 25,840 shares Dividend equivalent rights included in holdings: 3,282 rights +1 more

4 metrics

Shares acquired 371 shares Dividend equivalent rights credited on September 1, 2026

Total Class C shares after transaction 25,840 shares Holdings of Jennifer Elaine Lowry following the reported acquisition

Dividend equivalent rights included in holdings 3,282 rights Dividend equivalent rights that may only be settled in Class C Common Stock

Number of acquire-type transactions in this Form 4 1 transaction Grant or award acquisition reported for September 1, 2026

Key Terms

dividend equivalent rights, Deferred Stock Units, Class C Common Stock

3 terms

dividend equivalent rights financial

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

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.

Deferred Stock Units financial

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

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.

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

What insider transaction did CWEN disclose for Jennifer Elaine Lowry?

Clearway Energy, Inc. disclosed that director Jennifer Elaine Lowry acquired 371 shares of Class C Common Stock on September 1, 2026 through a grant of dividend equivalent rights related to her Deferred Stock Units.

How many CWEN shares does Jennifer Elaine Lowry hold after this Form 4 transaction?

After the reported transaction, Jennifer Elaine Lowry holds 25,840 shares of Clearway Energy’s Class C Common Stock, which includes 3,282 dividend equivalent rights that may only be settled in Class C Common Stock.

What is the nature of the 371 CWEN shares reported in this Form 4?

The 371 shares represent dividend equivalent rights accrued on Jennifer Elaine Lowry’s Deferred Stock Units. These rights become exercisable proportionately with the related Deferred Stock Units and may only be settled in Class C Common Stock of Clearway Energy, Inc.

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

No. The filing indicates the Rule 10b5-1 checkbox is not marked as affirmative, so no Rule 10b5-1 trading plan is reported in connection with this transaction.

Are dividend equivalent rights in CWEN settled in cash or stock?

The filing states that the dividend equivalent rights accrued on Deferred Stock Units may only be settled in Class C Common Stock of Clearway Energy, Inc., not in cash.

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Available on EDGAR 09/03/2026 - 05:51 PM Accepted by SEC EDGAR 09/03/2026 - 04:29 PM 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^*

Lowry Jennifer Elaine

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		371	A	(1)	25,840(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 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.

2. Includes 3,282 dividend equivalent rights that may only be settled in Class C Common Stock.

	/s/ Michael A. Brown, Attorney-in-Fact	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)