[Form 4] Clearway Energy, Inc. Insider Trading Activity
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC reported on Form 4 a transaction in Clearway Energy, Inc. (CWEN) dated 08/15/2025. The filing shows a reported acquisition of 4,368 shares of Class C Common Stock (transaction code J(1)), resulting in 99,723 shares beneficially owned following the reported transaction. The report identifies the reporting entity as BlackRock Portfolio Management LLC with an address at 50 Hudson Yards, New York, NY, and indicates the reporting person is a Director. Footnotes state the transaction "reflects the forfeiture of shares of restricted stock" previously granted by Clearway Energy Group and describe the ownership chain through Clearway Energy Group, Zephyr entities and certain Global Infrastructure entities, while disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
TL;DR Small reported acquisition increases reported indirect holdings to 99,723 shares; filing includes customary ownership-chain disclosures and disclaimers.
The Form 4 records a transaction dated 08/15/2025 showing 4,368 Class C shares reported as acquired and a post-transaction beneficial ownership of 99,723 shares held indirectly. The filing uses transaction code J(1) with an explanatory footnote that the entry "reflects the forfeiture of shares of restricted stock" previously granted by Clearway Energy Group. BlackRock Portfolio Management LLC reports on behalf of reporting business units and includes detailed entity-level disclosures tracing ownership through Clearway Energy Group, Zephyr and Global Infrastructure entities. The disclosures and the explicit disclaimer limit the legal attribution of beneficial ownership; no price is reported and no derivative positions are listed.
TL;DR Filing is procedural with layered ownership disclosure and an explicit disclaimer; no governance change or director departure is reported.
The Form 4 marks the reporting person relationship as a Director and provides the required provenance of indirect holdings through multiple private-equity and GP structures. Footnotes identify specific individuals as voting members of an investment committee who disclaim beneficial ownership. The filing follows Section 16 disclosure norms by reporting the transaction and the chain of control; it does not, however, assert control changes, additional board actions, or material governance events. The explicit disclaimers reduce the likelihood this filing alone signals a governance shift.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock | 4,368 | $0.00 | -- |
Footnotes (1)
- Reflects the forfeiture of shares of restricted stock of the Issuer previously granted by Clearway Energy Group LLC ("Clearway Energy Group") under its Long Term Equity Incentive Program to one or more of its employees. Reflects securities held directly by Clearway Energy Group. Zephyr Holdings GP, LLC ("Zephyr GP") is the general partner of GIP III Zephyr Acquisition Partners, L.P. ("Zephyr") which is the sole member of Clearway Energy Group. Zephyr GP is owned by GIP III Zephyr Midco Holdings, L.P. ("Midco") and TotalEnergies Renewables USA, LLC. Global Infrastructure Investors III, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP III, L.P. ("Global GP"), which is the general partner of Midco. As a result, each of Zephyr GP, Zephyr, Midco, Global GP and Global Investors (the "GIP Entities") may be deemed to share beneficial ownership of the securities owned by Clearway Energy Group. Adebayo Ogunlesi, Michael McGhee, Rajaram Rao, Deepak Agrawal, Julie Ashworth, Jonathan Bram, William Brilliant, Matthew Harris, Tom Horton, Sugam Mehta and Salim Samaha, as the voting members of the Investment Committee of Global Investors, may be deemed to share beneficial ownership of the Issuer securities beneficially owned by Global Investors. Such individuals expressly disclaim any such beneficial ownership. BlackRock Portfolio Management LLC and the GIP Entities disclaim beneficial ownership of the securities reported herein, except to the extent of their respective pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, BlackRock Portfolio Management LLC and the GIP Entities state that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the securities reported herein for purposes of Section 16 or for any other purpose.
