Form 4: Clearway Energy Executive Acquires Additional Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Kevin P. Malcarney, EVP, General Counsel, and Corporate Secretary of Clearway Energy, Inc., acquired 755 shares of Class C Common Stock through dividend equivalent rights.
Summary
- On June 3, 2024, Kevin P. Malcarney, an executive at Clearway Energy, Inc., acquired 755 shares of Class C Common Stock.
- The acquisition was a result of dividend equivalent rights accrued on restricted stock units (RSUs) and relative performance stock units (RPSUs).
- Following the transaction, Malcarney directly owns 78,701 shares of Class C Common Stock, which includes 2,911 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it reflects routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Kevin P. Malcarney acquired 755 shares of Class C Common Stock. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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