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

TotalEnergies SE reports a change in beneficial ownership of Clearway Energy, Inc. due to the forfeiture of restricted stock shares.

Summary

• TotalEnergies SE and related entities filed a Form 4 with the SEC, reporting changes in their beneficial ownership of Clearway Energy, Inc. (CWEN).
• The report indicates a transaction date of April 25, 2025, involving Class C Common Stock.
• 4,226 shares were forfeited, resulting in TotalEnergies SE indirectly owning 93,422 shares.
• The shares are held directly by Clearway Energy Group, with GIP III Zephyr Acquisition Partners, L.P. as its sole member.
• TotalEnergies Renewables USA, LLC holds 50% of the equity interests in Zephyr GP, the general partner of Zephyr.
• TotalEnergies SE and related entities disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the sentiment is neutral as it simply reports a change in ownership.

Industry Context

This filing is a routine disclosure related to changes in ownership positions by major shareholders, which is common in publicly traded companies. It reflects adjustments in equity holdings due to stock forfeitures.

Stakeholder Impact

• The forfeiture of shares may have a minor impact on shareholders, but the overall effect is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

TotalEnergies, Clearway Energy, Beneficial Ownership, Form 4, SEC, CWEN, Shares, Forfeiture, Restricted Stock