Clearway Energy, Inc.·4

Jun 3, 5:35 PM ET

Lowry Jennifer Elaine 4

4 · Clearway Energy, Inc. · Filed Jun 3, 2026

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Clearway Energy (CWEN) Director Jennifer Lowry Receives Award

What Happened Jennifer Elaine Lowry, a director of Clearway Energy, was granted 3,966 Deferred Stock Units (DSUs) and an additional 282 award units on June 1, 2026. The filing lists these as awards (transaction code A) with no purchase price (N/A) because these are equity grants rather than open‑market trades. DSUs are a deferred form of equity that convert into Class C common stock under certain conditions rather than immediately tradable shares.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed promptly).
  • Grants: 3,966 Deferred Stock Units (F1) and 282 additional award units (both recorded as acquisitions).
  • Price: N/A — these are awards, not cash purchases or sales.
  • Shares owned after transaction: Not specified in this Form 4.
  • Notable footnotes:
    • F1: 3,966 DSUs issued under Clearway’s Amended & Restated 2013 Equity Incentive Plan.
    • F2: Each DSU equals one share of Class C common stock and will be settled in one Class C share upon the director’s service termination or a change in control.
    • F3: Dividend-equivalent rights have accrued on the DSUs and vest proportionately; they are settled only in Class C common stock.
    • F4: The filing notes that 2,911 dividend-equivalent rights may only be settled in Class C common stock.
  • Transaction type: Award/grant (A). No 10b5-1, sale, or tax‑withholding event disclosed.

Context Deferred stock units are a form of compensation that delay receipt of actual shares until a triggering event (e.g., end of board service or change in control). Because DSUs are not immediately tradable, these grants are routine compensation and do not carry the same immediate market signal as an open‑market purchase or sale.

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Award

    Class C Common Stock, par value $.01 per share

    [F1][F2]
    2026-06-01+3,96625,187 total
  • Award

    Class C Common Stock, par value $.01 per share

    [F3][F4]
    2026-06-01+28225,469 total
Footnotes (4)
  • [F1]Represents 3,966 Deferred Stock Units issued to the Reporting Person by Clearway Energy, Inc. under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan.
  • [F2]Each Deferred Stock Unit is equivalent to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share. The reporting person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each Deferred Stock Unit she owns upon termination of her service on Clearway Energy, Inc.'s Board of Directors or change in ownership or effective control of Clearway Energy, Inc.
  • [F3]Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units, which become exercisable proportionately with the Deferred Stock Units to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc.
  • [F4]Includes 2,911 dividend equivalent rights that may only be settled in Class C Common Stock.
Signature
/s/ Michael A. Brown, Attorney-in-Fact|2026-06-03

Documents

2 files