Form 4: Clearway Energy: Global Infrastructure Investors III, LLC Reports Changes in Beneficial Ownership
SEC Form 4 Filing
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 of Clearway Energy Group LLC under its Long Term Equity Incentive Program.
- On June 18, 2024, 1,723 shares were forfeited, and on June 21, 2024, 213 shares were forfeited.
- Following these transactions, the reporting persons indirectly beneficially own 60,152 shares of Class C Common Stock.
- The reporting persons disclaim beneficial ownership of the securities reported, except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Forfeiture of 1,723 shares of Class C Common Stock. |
| 06/21/2024 | Forfeiture of 213 shares of Class C Common Stock; Filing date of the Form 4. |
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