Form 4: TotalEnergies SE Reports Change in Beneficial Ownership of Clearway Energy, Inc. Shares
SEC Form 4 Filing
TotalEnergies SE reports a forfeiture of Clearway Energy, Inc. shares due to the forfeiture of shares of restricted stock of Clearway Energy, Inc. previously granted by Clearway Energy Group LLC under its Long Term Equity Incentive Program to one or more of its employees.
Summary
- TotalEnergies SE and related entities filed a Form 4 regarding changes in beneficial ownership of Clearway Energy, Inc. shares.
- The report indicates a transaction date of April 25, 2025.
- The transaction involved the forfeiture of 4,226 shares of Class C Common Stock.
- Following the reported transaction, the amount of securities beneficially owned was 93,422.
- The shares are indirectly held by Clearway Energy Group.
- GIP III Zephyr Acquisition Partners, L.P. is the sole member of Clearway Energy Group, and Zephyr Holdings GP, LLC is its general partner.
- TotalEnergies Renewables USA, LLC holds 50% of the equity interests in Zephyr GP.
- Several TotalEnergies entities, including TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., and TotalEnergies Gestion USA SARL, are also 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.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction (share forfeiture) |
| 04/29/2025 | Date of filing of Form 4 |
Keywords
Clearway Energy Inc., TotalEnergies SE, beneficial ownership, Form 4, share forfeiture, securities, equity
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