Clearway Energy (CWEN) director receives Class A and C share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clearway Energy, Inc. director Brian R. Ford reported stock-related awards rather than open-market trades. He acquired 111 shares of Class A common stock and 1,064 shares of Class C common stock at a price of $0.00 per share, described as grants or awards tied to existing deferred stock units and related dividend equivalent rights. Following these transactions, he directly owned 8,785 Class A shares and 89,131 Class C shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ford Brian R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $.01 per share | 111 | $0.00 | -- |
| Grant/Award | Class C Common Stock, par value $.01 per share | 1,064 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $.01 per share — 8,785 shares (Direct);
Class C Common Stock, par value $.01 per share — 89,131 shares (Direct)
Footnotes (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 A or Class C Common Stock of Clearway Energy, Inc. as determined by the Deferred Stock Units to which they relate. Includes 4,238 dividend equivalent rights that may only be settled in Class A Common Stock. Includes 26,339 dividend equivalent rights that may only be settled in Class C Common Stock.
FAQ
What did Clearway Energy (CWEN) director Brian R. Ford report on this Form 4?
Brian R. Ford reported receiving stock-related awards in Clearway Energy shares. He acquired Class A and Class C common stock through grant or award acquisitions linked to deferred stock units, rather than buying shares on the open market.
How are dividend equivalent rights described for Brian R. Ford’s Clearway Energy awards?
Dividend equivalent rights accrue on his deferred stock units and become exercisable proportionately with them. They may only be settled in Class A or Class C common stock, matching the class of the underlying deferred stock units they relate to.