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

Global Infrastructure Investors III, LLC reports transactions involving Clearway Energy, Inc. Class C Common Stock, including acquisitions, disposals, and forfeitures related to Clearway Energy Group's Long Term Equity Incentive Program.

Summary

• Global Infrastructure Investors III, LLC filed a Form 4 detailing changes in beneficial ownership of Clearway Energy, Inc. Class C Common Stock on October 1, 2024.
• The transactions include the acquisition of 63,350 shares at $30.74 per share due to tax withholding obligations related to vesting restricted stock.
• An additional 4,652 shares were acquired at $0.00 per share due to forfeiture of restricted stock.
• 44,328 shares were disposed of at $30.74 per share.
• Following these transactions, Global Infrastructure Investors III, LLC indirectly beneficially owns 94,626 shares of Class C Common Stock.
• The report also involves multiple entities including 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, all of whom may be deemed to share beneficial ownership.
• 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 standard regulatory filing detailing transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in ownership.

Management Comments

• Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares. This filing provides transparency into the transactions of Global Infrastructure Investors III, LLC, a major shareholder of Clearway Energy, Inc.

Stakeholder Impact

• Shareholders may be interested in the transactions of major shareholders like Global Infrastructure Investors III, LLC, as it can provide insights into their confidence in the company's prospects.

Key Dates