Form 4: TotalEnergies SE Reports Changes in Beneficial Ownership of Clearway Energy, Inc.
SEC Form 4
TotalEnergies SE and related entities report transactions involving Clearway Energy, Inc. Class C Common Stock, including acquisitions and disposals related to equity incentive programs.
Summary
- TotalEnergies SE, along with its subsidiaries, filed a Form 4 detailing changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
- On April 1, 2024, shares were withheld to satisfy tax obligations related to the vesting of restricted stock previously granted by Clearway Energy Group LLC to its employees.
- Also on April 1, 2024, shares of restricted stock of Clearway Energy, Inc. were granted by Clearway Energy Group under its Long Term Equity Incentive Program to employees.
- TotalEnergies SE, TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., and TotalEnergies Renewables USA, LLC are all listed as Reporting Persons.
- These entities may be deemed to beneficially own the securities, but each disclaims beneficial ownership except to the extent of their pecuniary interest.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing transactions related to equity compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing reflects standard transactions related to equity compensation programs within the renewable energy sector, where Clearway Energy operates.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transactions involving Class C Common Stock. |
| 04/03/2024 | Date of signing of the Form 4 filing. |
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