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

Sentiment:

SEC Form 4 Filing


Global Infrastructure Investors III, LLC reports a transaction involving Clearway Energy, Inc. Class C Common Stock due to forfeiture of restricted stock.

Summary

  • On November 1, 2024, Global Infrastructure Investors III, LLC reported changes in beneficial ownership of Clearway Energy, Inc. Class C Common Stock.
  • The transaction involved the forfeiture of 11,296 shares of restricted stock by Clearway Energy Group employees.
  • Following the transaction, the reporting entities indirectly beneficially own 106,720 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.
  • These entities may be deemed to share beneficial ownership due to their relationships and ownership structures.

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.

Stakeholder Impact

  • The forfeiture of shares may have a minor impact on the employees of Clearway Energy Group who were granted the restricted stock.
  • The filing provides transparency to shareholders regarding the ownership structure and transactions of major stakeholders.

Key Dates

DateDescription
11/01/2024Date of transaction (stock forfeiture)
11/05/2024Date of report filing

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