Form 4: TotalEnergies SE Reports Forfeiture of Clearway Energy, Inc. Shares

TotalEnergies SE reports the forfeiture of 319 shares of Clearway Energy, Inc. Class C Common Stock due to the operation of Clearway Energy Group LLC's Long Term Equity Incentive Program.

Summary

• TotalEnergies SE and related entities filed a Form 4 with the SEC on April 23, 2024, regarding changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
• The report indicates a transaction date of April 19, 2024, involving the forfeiture of 319 shares.
• These shares were forfeited due to the operation of Clearway Energy Group LLC's Long Term Equity Incentive Program.
• Following the transaction, the reporting entities indirectly beneficially own 47,564 shares of Clearway Energy, Inc. Class C Common Stock.
• The shares are held directly by Clearway Energy Group, with indirect ownership attributed to various TotalEnergies entities due to their ownership structure within Clearway Energy Group.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding a routine transaction (share forfeiture). It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and major shareholders. This filing indicates a change in ownership related to equity compensation plans, which are common in the energy industry.

Key Dates