Clearway Energy (CWEN) Director Jennifer Lowry Receives Award of 371 Units
$CWEN · Clearway Energy, Inc.Research Summary
AI-generated summary of this SEC filing
Clearway Energy (CWEN) Director Jennifer Lowry Receives Award of 371 Units
What Happened
Jennifer Elaine Lowry, a director of Clearway Energy, was granted/acquired 371 units on September 1, 2026. The filing lists this as an award/acquisition (code A); no per-share price or total dollar value is reported (N/A). This was an award of dividend-equivalent rights tied to Deferred Stock Units, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (appears to be filed within the usual two-business-day window).
- Transaction type/code: Award/Grant (A). Price and aggregate value: N/A (not reported).
- Shares/units acquired: 371 dividend-equivalent rights (accrued on Deferred Stock Units).
- Shares owned after transaction: Not reported on the Form 4.
- Footnotes: F1 — these 371 represent dividend-equivalent rights that become exercisable proportionately with the related Deferred Stock Units and may only be settled in Class C Common Stock. F2 — notes an additional 3,282 dividend-equivalent rights that may only be settled in Class C Common Stock.
Context
Dividend-equivalent rights are compensation-related and typically convert into shares only when associated deferred stock units vest and are settled; they are not immediately tradable shares or a cash purchase. Such awards are routine for directors and reflect compensation mechanics rather than a direct market signal about the insider’s view of the stock.