Brown Michael August 4

What Happened

• Michael August Brown, SVP, General Counsel & Corporate Secretary of Clearway Energy, was granted 255 dividend-equivalent rights tied to Restricted Stock Units (RSUs) on June 1, 2026. The filing lists this as an award/acquisition (code A); no cash price is reported because these are dividend-equivalent rights (not an open-market purchase).

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely under Form 4 rules).
• Quantity: 255 dividend-equivalent rights; price: N/A (these are not a cash purchase).
• Transaction code: A = Award/Grant/Other acquisition.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — the rights represent dividend equivalents accrued on RSUs and vest/are exercisable proportionately with the related RSUs; settlement may only be in Class C common stock. F2 — confirms the 255 dividend-equivalent rights may only be settled in Class C common stock.

Context

• These dividend-equivalent rights are compensation-related and typically vest with the underlying RSUs; they do not represent an open-market buy or sale. They usually do not involve immediate cash proceeds and are often routine for executives receiving equity-based pay.