[Form 3] Clearway Energy, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Clearway Energy, Inc. executive Michael August Brown, SVP, General Counsel and Corporate Secretary, has filed a Form 3 reporting his initial equity position. He directly holds 22,039 shares of Class C Common Stock, represented by Restricted Stock Units granted on May 18, 2026 under the company’s Amended and Restated 2013 Equity Incentive Plan. These RSUs are scheduled to vest ratably over a two-year period beginning on April 15, 2027, indicating compensation-based equity rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Michael August
Role
SVP, GC & Corp. Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class C Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock, par value $.01 per share — 22,039 shares (Direct)
Footnotes (1)
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Key Figures
Initial Class C equity: 22,039 shares
RSU grant date: May 18, 2026
Vesting period: 2 years
3 metrics
Initial Class C equity
22,039 shares
Total Class C Common Stock equivalents held via RSUs on Form 3
RSU grant date
May 18, 2026
Grant date of RSUs under Amended and Restated 2013 Equity Incentive Plan
Vesting period
2 years
RSUs vest ratably over two years beginning April 15, 2027
Key Terms
Restricted Stock Units ("RSUs"), Amended and Restated 2013 Equity Incentive Plan, Form 3
3 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") issued by Clearway Energy, Inc."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Amended and Restated 2013 Equity Incentive Plan financial
"under the Company's Amended and Restated 2013 Equity Incentive Plan ("LTIP")"
Form 3 regulatory
"has filed a Form 3 reporting his initial equity position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Michael August Brown’s Form 3 for Clearway Energy (CWEN) show?
The Form 3 shows that Michael August Brown, a Clearway Energy senior vice president, holds 22,039 Class C share equivalents through RSUs. These equity awards were granted as part of his compensation and set his baseline ownership as a reporting insider.
Are Michael August Brown’s Clearway Energy (CWEN) holdings from open-market purchases?
No, the holdings are described as Restricted Stock Units granted under Clearway Energy’s Amended and Restated 2013 Equity Incentive Plan. This indicates compensation-related awards, not shares acquired through open-market buying or selling activity.
When do Michael August Brown’s Clearway Energy (CWEN) RSUs begin vesting?
The RSUs begin vesting on April 15, 2027. They are scheduled to vest ratably over a two-year period from that date, meaning portions of the award convert into Class C Common Stock over time as service-based conditions are met.
Under which plan were Michael August Brown’s Clearway Energy (CWEN) RSUs granted?
The RSUs were granted under Clearway Energy’s Amended and Restated 2013 Equity Incentive Plan. This long-term incentive plan provides equity-based compensation such as Restricted Stock Units to executives to align their interests with shareholders.