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 by Clearway Energy Group employees.

Summary

• TotalEnergies SE and related entities filed a Form 4 with the SEC regarding changes in beneficial ownership of Clearway Energy, Inc. (CWEN).
• The report indicates a transaction on May 2, 2025, involving Class C Common Stock.
• 18,210 shares were acquired, and the total shares beneficially owned following the transaction is 111,632.
• The transaction is attributed to the forfeiture of restricted stock by employees of Clearway Energy Group LLC under its Long Term Equity Incentive Program.
• The shares are indirectly held by Clearway Energy Group, which is wholly owned by GIP III Zephyr Acquisition Partners, L.P.
• TotalEnergies Renewables USA, LLC holds 50% of the equity interests in Zephyr GP, the general partner of Zephyr.
• Several TotalEnergies entities, including TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., and TotalEnergies Renewables USA, LLC, 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 practice for reporting changes in beneficial ownership by company insiders and major shareholders, providing transparency to the market.

Stakeholder Impact

• The forfeiture of shares may have a minor dilutive effect on existing shareholders, but the overall impact is likely minimal.

Key Dates

Keywords

Clearway Energy Inc, TotalEnergies SE, beneficial ownership, Form 4, SEC filing, restricted stock, equity incentive program, GIP III Zephyr Acquisition Partners, TotalEnergies Renewables USA, TotalEnergies Holdings USA, TotalEnergies Delaware, TotalEnergies Gestion USA SARL