Form 4: TotalEnergies SE Reports Change in Beneficial Ownership of Clearway Energy, Inc.

TotalEnergies SE reports a transaction involving Clearway Energy, Inc. Class C Common Stock due to forfeiture of shares of restricted stock.

Summary

• TotalEnergies SE and related entities filed a Form 4 regarding changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
• The report indicates a transaction on May 20, 2024, involving the forfeiture of 213 shares of restricted stock.
• Following the transaction, the reporting entities indirectly beneficially own 48,512 shares of Clearway Energy, Inc. Class C Common Stock.
• The shares are held directly by Clearway Energy Group, with TotalEnergies Renewables USA, LLC holding 50% of the equity interests in Zephyr GP, the general partner of Zephyr, the sole member of Clearway Energy Group.
• Several TotalEnergies entities, including TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., and TotalEnergies Delaware, Inc., are listed as reporting persons.
• Each reporting person disclaims beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the ownership positions of company insiders and major shareholders, such as TotalEnergies, in publicly traded companies like Clearway Energy, Inc.

Key Dates