TotalEnergies affiliates (NYSE: CWEN) log 1,646-share restructuring in Clearway Energy
Rhea-AI Filing Summary
TotalEnergies-associated reporting persons reported an indirect restructuring transaction in Clearway Energy, Inc. Class C Common Stock. An entity in their ownership chain acquired 1,646 shares following the forfeiture of previously granted restricted stock by employees of Clearway Energy Group LLC, bringing its indirect holdings to 78,938 shares. The securities are held through Clearway Energy Group and upstream entities, and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,646 shares
Net Buy
1 txn
Insider
TotalEnergies SE, TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., TotalEnergies Renewables USA, LLC
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock F1, F2, F3 | 1,646 | -- | -- |
Holdings After Transaction:
Class C Common Stock — 78,938 shares (Indirect, See footnotes)
Footnotes (3)
- F1. Reflects the forfeiture of shares of restricted stock of Clearway Energy, Inc. previously granted by Clearway Energy Group LLC ("Clearway Energy Group") under its Long Term Equity Incentive Program to one or more of its employees.
- F2. The securities reported herein are held directly by Clearway Energy Group. GIP III Zephyr Acquisition Partners, L.P. ("Zephyr") is the sole member of Clearway Energy Group. Zephyr Holdings GP, LLC ("Zephyr GP") is the general partner of Zephyr.
- F3. TotalEnergies Renewables USA, LLC holds 50% of the equity interests in Zephyr GP. TotalEnergies Holdings USA, Inc. is the sole shareholder of TotalEnergies Delaware, Inc., which is the sole member of TotalEnergies Renewables USA, LLC. TotalEnergies Gestion USA SARL, which is a direct wholly owned subsidiary of TotalEnergies SE, is the sole shareholder of TotalEnergies Holdings USA, Inc. Each of the foregoing entities is a "Reporting Person" and may be deemed to beneficially own the securities reported herein; however, each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. Solely for purposes of Section 16 of the Exchange Act, each Reporting Person may be deemed a "director by deputization".
Key Figures
Shares acquired in restructuring: 1,646 shares
Indirect holdings after transaction: 78,938 shares
Restructuring shares reported: 1,646 shares
3 metrics
Shares acquired in restructuring
1,646 shares
Class C Common Stock involved in code J “other acquisition or disposition” on 2026-08-07
Indirect holdings after transaction
78,938 shares
Class C Common Stock held indirectly through Clearway Energy Group after the reported transaction
Restructuring shares reported
1,646 shares
RestructuringCount and restructuringShares in transaction summary for code J event
Key Terms
restricted stock, Long Term Equity Incentive Program, pecuniary interest, director by deputization
4 terms
restricted stock financial
"Reflects the forfeiture of shares of restricted stock of Clearway Energy, Inc."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Long Term Equity Incentive Program financial
"previously granted by Clearway Energy Group LLC under its Long Term Equity Incentive Program"
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest"
director by deputization regulatory
"Solely for purposes of Section 16 of the Exchange Act, each Reporting Person may be deemed a "director by deputization""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the total indirect CWEN ownership after this Form 4 transaction?
After the reported transaction, the entity in the reporting persons’ ownership chain holds 78,938 shares of Clearway Energy, Inc. Class C Common Stock indirectly. This position is reported while the entities disclaim beneficial ownership beyond any pecuniary interest.
Was the CWEN Form 4 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, so the reported restructuring transaction was not affirmed as made under a Rule 10b5-1 trading plan. The transaction is coded as an “other acquisition or disposition.”