Form 4: Global Infrastructure Investors III, LLC Reports Changes in Beneficial Ownership of Clearway Energy, Inc.
SEC Form 4 Filing
Global Infrastructure Investors III, LLC reports a transaction involving Clearway Energy, Inc. Class C Common Stock due to forfeiture of shares under Clearway Energy Group's Long Term Equity Incentive Program.
Summary
- On June 7, 2024, Global Infrastructure Investors III, LLC reported a transaction involving Clearway Energy, Inc. Class C Common Stock.
- The transaction involved the forfeiture of 213 shares of restricted stock.
- These shares were previously granted by Clearway Energy Group LLC under its Long Term Equity Incentive Program to one or more of its employees.
- Following the reported transaction, the amount of securities beneficially owned is 58,216.
- 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.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership, common in publicly traded companies. It reflects adjustments in holdings due to employee equity incentive programs.
Stakeholder Impact
- The forfeiture of shares may have a minor impact on the employees who were granted the restricted stock.
- The overall impact on shareholders is likely minimal, as the number of shares forfeited is relatively small.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction (stock forfeiture) |
| 06/11/2024 | Date of report filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.