TotalEnergies SE 4
Research Summary
AI-generated summary
Clearway (CWEN): TotalEnergies (10% Owner) Forfeits 1,091 Shares
What Happened TotalEnergies SE (reported as a 10% owner) appears on a Form 4 reporting an "other acquisition or disposition (J)" related to Clearway Energy, Inc. The filing shows 1,091 shares reported on 2026-03-26 with price listed as N/A. A filing footnote clarifies this entry reflects the forfeiture of restricted stock previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more employees — i.e., a disposition/forfeiture of awards, not an open-market purchase.
Key Details
- Transaction date: 2026-03-26; Form 4 filed: 2026-03-30 (filed 4 days after the transaction).
- Reported shares: 1,091; price: N/A (no cash value reported on the Form 4).
- Transaction code: J (other acquisition or disposition); footnote F1 states this reflects forfeiture of restricted stock.
- Securities are held by Clearway Energy Group (footnote F2); Zephyr and related entities are in the ownership chain (footnote F3). Multiple related entities are listed as reporting persons and disclaim beneficial ownership except to the extent of pecuniary interest.
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context This is an institutional reporting item tied to forfeited employee restricted stock through Clearway Energy Group, not a direct buy/sell by an individual executive. For retail investors, forfeitures tied to employee awards are routine corporate housekeeping and generally don’t signal the same market intent as an open-market purchase or sale by a company insider. The Form 4 was filed four days after the transaction date, which appears later than the typical 2-business-day reporting window under Section 16.