BlackRock Portfolio Management LLC 4
4 · Clearway Energy, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Clearway Energy (CWEN) 10% Holder BlackRock Acquires 493 Shares
What Happened BlackRock Portfolio Management LLC, reported as a 10% owner, recorded an "other acquisition or disposition (J)" of 493 shares of Clearway Energy (CWEN) on 2026-03-13. The filing shows no per-share price or total value (N/A) because the shares were reported as resulting from the forfeiture of restricted stock previously granted by Clearway Energy Group to one or more employees—an administrative transfer rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-13; 493 shares acquired; price: N/A (no cash consideration reported).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: F1 explains the shares reflect forfeiture of restricted stock by Clearway Energy Group employees; F2–F4 describe ownership reporting chains and disclaimers (Clearway Energy Group, Zephyr/GIP entities, and BlackRock disclaimers of beneficial ownership except for pecuniary interest).
- Filing date: 2026-03-17. This appears to be filed within the Form 4 two-business-day deadline (transaction 3/13, filed 3/17), so not late.
Context This is an institutional, administrative reporting item tied to forfeited restricted stock, not a manager or officer buying or selling on the open market. Such forfeitures typically reflect grant cancellations or returns and generally do not signal management sentiment. Transaction code J denotes "other acquisition/disposition"; here it reflects the mechanics of restricted-stock forfeiture rather than a conventional purchase.
Insider Transaction Report
- Other
Class C Common Stock
[F1][F2][F3][F4]2026-03-13+493→ 167,089 total(indirect: See footnotes)
Footnotes (4)
- [F1]Reflects the forfeiture of shares of restricted stock of the Issuer previously granted by Clearway Energy Group LLC ("Clearway Energy Group") under its Long Term Equity Incentive Program to one or more of its employees.
- [F2]Reflects securities held directly by Clearway Energy Group. Zephyr Holdings GP, LLC ("Zephyr GP") is the general partner of GIP III Zephyr Acquisition Partners, L.P. ("Zephyr") which is the sole member of Clearway Energy Group. Zephyr GP is owned by GIP III Zephyr Midco Holdings, L.P. ("Midco") and TotalEnergies Renewables USA, LLC. Global Infrastructure Investors III, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP III, L.P. ("Global GP"), which is the general partner of Midco. As a result, each of Zephyr GP, Zephyr, Midco, Global GP and Global Investors (the "GIP Entities") may be deemed to share beneficial ownership of the securities owned by Clearway Energy Group.
- [F3]Adebayo Ogunlesi, Michael McGhee, Rajaram Rao, Deepak Agrawal, Julie Ashworth, Jonathan Bram, William Brilliant, Matthew Harris, Tom Horton, Sugam Mehta and Salim Samaha, as the voting members of the Investment Committee of Global Investors, may be deemed to share beneficial ownership of the Issuer securities beneficially owned by Global Investors. Such individuals expressly disclaim any such beneficial ownership.
- [F4]BlackRock Portfolio Management LLC and the GIP Entities disclaim beneficial ownership of the securities reported herein, except to the extent of their respective pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, BlackRock Portfolio Management LLC and the GIP Entities state that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the securities reported herein for purposes of Section 16 or for any other purpose.