4/A: TotalEnergies SE Amends Filing on Clearway Energy Inc. Shares After Employee Grant Adjustment

TotalEnergies SE files an amended Form 4/A to reflect an adjustment in the number of Clearway Energy, Inc. shares granted due to an employee declining a portion of the grant.

Summary

• TotalEnergies SE and related entities filed an amended Form 4/A with the SEC regarding changes in beneficial ownership of Clearway Energy, Inc. shares.
• The amendment, filed on April 16, 2024, revises the original Form 4 filed on April 3, 2024.
• The adjustment reflects a grant of restricted stock by Clearway Energy Group LLC to its employees, where a portion of the grant was declined, leading to a restatement of the number of shares.
• On April 1, 2024, 318,828 shares were granted at a price of $23.07.
• Following the transaction, TotalEnergies SE directly owns 44,135 shares and indirectly owns shares through Clearway Energy Group LLC.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The amendment suggests attention to detail and compliance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of Clearway Energy, Inc.

Key Dates