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

TotalEnergies SE and related entities report a forfeiture of Clearway Energy, Inc. restricted stock shares, resulting in an adjustment to their beneficial ownership.

Summary

• TotalEnergies SE and several related entities, including TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., and TotalEnergies Renewables USA, LLC, filed a Form 4 regarding changes in beneficial ownership of Clearway Energy, Inc. (CWEN).
• The report indicates a forfeiture of 821 shares of Class C Common Stock by Clearway Energy Group LLC, which is indirectly held by TotalEnergies through a chain of ownership.
• Following the transaction, the total number of securities beneficially owned indirectly is 112,453 shares.
• Each reporting person disclaims beneficial ownership of the securities reported, except to the extent of their pecuniary interest.

Sentiment

Score: 5

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

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 change in beneficial ownership may have a minor impact on shareholders, as it reflects an adjustment in the holdings of a major shareholder.

Key Dates

Keywords

TotalEnergies, Clearway Energy, Beneficial Ownership, Form 4, Securities, CWEN, Forfeiture, Shares, Ownership