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

TotalEnergies SE reports the forfeiture of 578 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 8, 2025, regarding changes in beneficial ownership of Clearway Energy, Inc. (CWEN) securities.
• The report indicates a transaction date of April 4, 2025, involving the forfeiture of 578 shares of Class C Common Stock.
• These shares were forfeited due to the operation of Clearway Energy Group LLC's Long Term Equity Incentive Program.
• Following the transaction, TotalEnergies SE indirectly beneficially owns 76,394 shares of Clearway Energy, Inc. through its holdings in Clearway Energy Group and related entities.
• TotalEnergies SE and its subsidiaries disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.

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 and their significant shareholders, providing transparency into changes in ownership positions. This filing indicates a minor adjustment in TotalEnergies' indirect holdings in Clearway Energy, Inc.

Stakeholder Impact

• The forfeiture of shares has a minimal impact on Clearway Energy, Inc.'s shareholders, employees, customers, suppliers, and creditors.

Key Dates

Keywords

Form 4, Clearway Energy Inc, TotalEnergies SE, Beneficial Ownership, Forfeiture, Securities, CWEN, Equity Incentive Program