Form 4: Clearway Energy: Global Infrastructure Investors III, LLC Reports Changes in Beneficial Ownership

Global Infrastructure Investors III, LLC and related entities report changes in beneficial ownership of Clearway Energy, Inc. Class C Common Stock due to forfeiture of restricted stock.

Summary

• Global Infrastructure Investors III, LLC, along with related entities, filed a Form 4 with the SEC detailing changes in their beneficial ownership of Clearway Energy, Inc. Class C Common Stock.
• The changes are due to the forfeiture of restricted stock previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to its employees.
• On November 7, 2024, 213 shares were forfeited, resulting in Global Infrastructure Investors III, LLC indirectly holding 106,933 shares.
• On November 8, 2024, another 213 shares were forfeited, resulting in Global Infrastructure Investors III, LLC indirectly holding 107,146 shares.
• The reporting entities 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reflecting routine stock forfeitures, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the ownership positions of significant shareholders and insiders. This filing indicates adjustments in ownership due to stock forfeitures, which can be a normal part of equity compensation plans.

Stakeholder Impact

• The forfeiture of shares has a minimal impact on shareholders as it represents a small adjustment in the overall ownership structure.

Key Dates