4/A: TotalEnergies SE Amends Filing on Clearway Energy, Inc. Beneficial Ownership

Sentiment:

SEC Filing


TotalEnergies SE files an amended statement regarding changes in beneficial ownership of Clearway Energy, Inc. stock, correcting the number of restricted shares granted on April 1, 2024.

Summary

  • TotalEnergies SE and related entities filed an amended Form 4/A with the SEC regarding their beneficial ownership of Clearway Energy, Inc. (CWEN) stock.
  • The amendment corrects the original Form 4 filed on April 3, 2024, to accurately reflect the number of restricted stock units granted on April 1, 2024.
  • The correction accounts for a grant that was declined by one or more Clearway Energy Group employees and therefore never issued.
  • As a result of the transaction, TotalEnergies SE directly owns 44,135 shares and indirectly owns 318,828 shares of Class C Common Stock.
  • The price of the transaction was $23.07.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for entities holding significant stakes in publicly traded companies. It reflects TotalEnergies' ongoing investment in Clearway Energy, a player in the renewable energy sector.

Key Dates

DateDescription
04/01/2024Date of the restricted stock grant.
04/03/2024Date of the original Form 4 filing.
04/16/2024Date of the amended Form 4/A filing.

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