Form 4: BlackRock Portfolio Management LLC Reports Changes in Beneficial Ownership of Clearway Energy, Inc.
SEC Form 4 Filing
BlackRock Portfolio Management LLC reports a transaction involving Clearway Energy, Inc. Class C Common Stock due to forfeiture of shares of restricted stock.
Summary
- BlackRock Portfolio Management LLC filed a Form 4 on April 29, 2025, reporting changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
- The transaction occurred on April 25, 2025, and involved the forfeiture of 4,226 shares of restricted stock.
- Following the transaction, BlackRock Portfolio Management LLC indirectly beneficially owns 93,422 shares through Clearway Energy Group.
- BlackRock Portfolio Management LLC disclaims beneficial ownership of the securities reported, except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a standard transaction. There is no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a standard part of regulatory compliance for entities with significant ownership in publicly traded companies, providing transparency into changes in ownership positions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction (forfeiture of shares) |
| 04/29/2025 | Date of Form 4 filing |
Keywords
beneficial ownership, Form 4, Clearway Energy, BlackRock, CWEN, securities, stock forfeiture
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