ONEAL E STANLEY 4
Research Summary
AI-generated summary
Clearway Energy (CWEN) Director Oneal E. Stanley Receives Award
What Happened
- Oneal E. Stanley, a director of Clearway Energy, received two awards on June 1, 2026: 6,692 Deferred Stock Units (DSUs) and 919 dividend-equivalent rights. Each DSU is equivalent to one share of Clearway Energy’s Class C common stock; no purchase price or cash value is reported (price = N/A). These awards are compensation grants, not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-03 (timely filing).
- Awards: 6,692 Deferred Stock Units (F1) and 919 dividend-equivalent rights (F3) — total reported units = 7,611.
- Price/value: N/A (grants of units, not a cash transaction).
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes:
- F1: 6,692 DSUs issued under the 2013 Equity Incentive Plan.
- F2: Each DSU equals one Class C share; conversion occurs upon termination of board service or a change in control.
- F3: 919 dividend-equivalent rights accrue with DSUs and are settled only in Class C shares.
- F4: The filing notes the reporting person’s holdings include 15,493 dividend-equivalent rights that may only be settled in Class C Common Stock.
Context
- Deferred stock units and dividend-equivalent rights are a common form of director compensation that convert to company shares under specified events (e.g., leaving the board or change in control). Because these are grants, they reflect compensation, not a director buying or selling stock; they should not be read as an immediate bullish or bearish market signal.