TotalEnergies entities record 163,198 indirect CWEN shares after withholding
Rhea-AI Filing Summary
TotalEnergies-related entities reported a Section 16 filing showing a non-derivative purchase of 63,475 shares of Clearway Energy, Inc. (CWEN) on 10/01/2025 at a price of $29.84 per share. After the transaction the reporting group beneficially owns 163,198 shares, held indirectly. The Form 4 states the purchase reflects the withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock previously granted to one or more Clearway Energy Group employees.
Multiple TotalEnergies entities are named as reporting persons and describe the ownership chain: Clearway Energy Group holds the securities; Zephyr is the sole member of Clearway Energy Group; and TotalEnergies entities (including TotalEnergies SE, TotalEnergies Gestion USA SARL, TotalEnergies Holdings USA, Inc., TotalEnergies Delaware, Inc., and TotalEnergies Renewables USA, LLC) disclose indirect interests and disclaim beneficial ownership except to the extent of pecuniary interest.
Positive
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Negative
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Insights
TL;DR: A tax-withholding share transfer was reported for 63,475 CWEN shares on 10/01/2025.
The Form 4 uses transaction code J(1), which the filing explains as the withholding of shares to satisfy tax withholding upon vesting of restricted stock. This is an administrative equity event tied to employee compensation rather than an open-market acquisition.
The filing lists multiple related TotalEnergies entities as reporting persons and includes a standard disclaimer that each disclaims beneficial ownership except for pecuniary interest; that structure and the signed certifications align with Section 16 reporting requirements.
TL;DR: The reporting group now holds 163,198 CWEN shares indirectly after the transaction.
The transaction increases the reporting group’s indirect holdings to 163,198 shares. The filing details the ownership chain: Clearway Energy Group holds the securities, Zephyr is Clearway Energy Group’s sole member, and TotalEnergies-controlled entities hold interests in Zephyr GP through a multi-tier structure.
This disclosure clarifies the chain of indirect ownership and the reporting persons’ roles but contains no information on any change to control or strategic intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock | 63,475 | $29.84 | $1.89M |
Footnotes (1)
- Reflects the withholding of shares to satisfy tax withholding obligations in connection with the vesting 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. 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. 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".