Form 4: Clearway Energy: Global Infrastructure Investors III, LLC Reports Transaction

Global Infrastructure Investors III, LLC reports acquisition of Clearway Energy, Inc. Class C Common Stock due to tax obligations related to vesting of restricted stock.

Summary

• On May 24, 2024, Global Infrastructure Investors III, LLC acquired 9,491 shares of Clearway Energy, Inc. Class C Common Stock at a price of $26.85 per share.
• This transaction was due to the withholding of shares to satisfy tax withholding obligations related to the vesting of restricted stock previously granted by Clearway Energy Group LLC under its Long Term Equity Incentive Program.
• Following the reported transaction, the total amount of securities beneficially owned indirectly is 58,003 shares.
• The reporting entities include Global Infrastructure Investors III, LLC, Global Infrastructure GP III, L.P., GIP III Zephyr Midco Holdings, L.P., Zephyr Holdings GP, LLC, GIP III Zephyr Acquisition Partners L.P., and Clearway Energy Group LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to stock transactions by major shareholders and provides transparency to the market regarding ownership changes in Clearway Energy.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in beneficial ownership.

Key Dates