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

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

Summary

• Global Infrastructure Investors III, LLC and related entities filed a Form 4 detailing changes in their beneficial ownership of Clearway Energy, Inc. Class C Common Stock.
• The changes are due to the forfeiture of shares of restricted stock previously granted by Clearway Energy Group LLC to its employees.
• On July 10, 2024, 532 shares were forfeited, and on July 12, 2024, 266 shares were forfeited.
• Following these transactions, the reporting persons indirectly beneficially own 63,957 shares of Class C Common Stock.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock forfeitures, which doesn't inherently indicate positive or negative sentiment. It's a neutral event in terms of investment sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders and major shareholders, ensuring fair market practices.

Stakeholder Impact

• The forfeiture of shares has a minimal impact on shareholders as it involves restricted stock held by employees of Clearway Energy Group.

Key Dates