TotalEnergies affiliates gain 1,646 Clearway shares
TotalEnergies-associated reporting persons reported an indirect restructuring transaction in Clearway Energy, Inc. Class C Common Stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock F1, F2, F3 | 1,646 | -- | -- |
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
Key Terms
restricted stock financial
Long Term Equity Incentive Program financial
pecuniary interest financial
director by deputization regulatory
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