Form 4: BlackRock Portfolio Management Reports Changes in Beneficial Ownership of Clearway Energy, Inc.

BlackRock Portfolio Management LLC reports a transaction involving Clearway Energy, Inc. Class C Common Stock due to forfeiture of restricted stock by Clearway Energy Group employees.

Summary

• BlackRock Portfolio Management LLC filed a Form 4 with the SEC on April 22, 2025, reporting changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
• The transaction, dated April 18, 2025, involves the acquisition of 11,886 shares and a forfeiture of shares of restricted stock, resulting in BlackRock's indirect beneficial ownership of 89,196 shares.
• The forfeiture of shares of restricted stock of the Issuer was previously granted by Clearway Energy Group LLC ('Clearway Energy Group') under its Long Term Equity Incentive Program to one or more of its employees.
• 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.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and major shareholders.

Key Dates

Keywords

beneficial ownership, Form 4, Clearway Energy, BlackRock, securities, transaction, shares, stock