4/A: Clearway Energy: Global Infrastructure Investors III, LLC Amends Form 4 Filing to Correct Restricted Stock Grant

Global Infrastructure Investors III, LLC files an amended Form 4 to correct the number of restricted stock shares granted on April 1, 2024, by Clearway Energy Group, reflecting a portion of the grant that was declined and never issued.

Summary

• Global Infrastructure Investors III, LLC filed an amended Form 4 with the SEC on April 16, 2024, regarding changes in beneficial ownership of Clearway Energy, Inc. [CWEN].
• This Form 4/A amends the original Form 4 filed on April 3, 2024.
• The amendment restates the number of shares of restricted stock granted on April 1, 2024, to reflect a grant that was declined by one or more Clearway Energy Group employees and never issued.
• On April 1, 2024, 318,828 shares of Class C Common Stock were granted at a price of $23.07.
• Following the reported transaction, the reporting persons beneficially own 44,135 shares indirectly.
• The reporting persons include Global Infrastructure Investors III, LLC, Zephyr Holdings GP, LLC, Global Infrastructure GP III, L.P., GIP III Zephyr Midco Holdings, L.P., GIP III Zephyr Acquisition Partners L.P., and Clearway Energy Group LLC.
• These entities may be deemed to share beneficial ownership of the securities owned by Clearway Energy Group.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing (Form 4/A) correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Key Dates