Clearway Energy: 5,275 employee-linked shares forfeited
The reported share changes relate to employee restricted-stock vesting and forfeitures under Clearway Energy Group’s incentive program.
Rhea-AI Filing Summary
Clearway Energy, Inc. (symbol: CWEN) is the issuer of record for a Form 4 filing submitted to the SEC. TotalEnergies SE reported acquisition or exercise transactions in this Form 4 filing.
Clearway Energy, Inc. (CWEN) reported two adjustments to Class C Common Stock held directly by Clearway Energy Group LLC on September 23, 2026: 260 shares were withheld for employee tax withholding at $30.1200 per share, and 5,275 shares were forfeited. The shares related to restricted stock previously granted to employees under Clearway Energy Group’s Long Term Equity Incentive Program. The Reporting Person agreed to voluntarily disgorge any profits deemed realized from the 260-share withholding transaction to Clearway Energy, Inc.
The reporting persons were TotalEnergies SE, TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc. and TotalEnergies Renewables USA, LLC. They may be deemed beneficial owners but each disclaims beneficial ownership except to the extent of its pecuniary interest; each may also be deemed a director by deputization for Section 16 purposes.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock F1, F3, F4 | 260 | $30.12 | $8K |
| Other | Class C Common Stock F2, F3, F4 | 5,275 | -- | -- |
Footnotes (4)
- F1. Reflects the withholding of shares to satisfy tax withholding obligations in connection with the vesting of restricted stock of Clearway Energy, Inc. (the "Issuer") previously granted by Clearway Energy Group LLC ("Clearway Energy Group") under its Long Term Equity Incentive Program to one or more of its employees. The Reporting Person has agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
- F2. Reflects the forfeiture of shares of restricted stock of the Issuer previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more of its employees.
- F3. 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.
- F4. 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
pecuniary interest regulatory
director by deputization regulatory
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