Form 4: TotalEnergies SE Reports Forfeiture of Clearway Energy, Inc. Shares
SEC Form 4 Filing
TotalEnergies SE reports the forfeiture of 266 shares of Clearway Energy, Inc. Class C Common Stock due to employee equity incentive program adjustments.
Summary
- TotalEnergies SE and related entities filed a Form 4 detailing changes in beneficial ownership of Clearway Energy, Inc. (CWEN) stock.
- The report indicates a forfeiture of 266 shares of Class C Common Stock on May 3, 2024.
- The forfeiture resulted from adjustments within Clearway Energy Group's Long Term Equity Incentive Program.
- Following the transaction, TotalEnergies' indirect beneficial ownership stands at 47,830 shares.
- The shares are held indirectly through Clearway Energy Group, with TotalEnergies having an indirect interest through its ownership in Zephyr GP.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a minor adjustment in share ownership. It doesn't convey any strong positive or negative 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.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of the transaction (forfeiture of shares) |
| 05/07/2024 | Date of the Form 4 filing |
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