Stock retainer boosts Dominion Energy (D) director’s indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RIGBY JOSEPH M reported acquisition or exercise transactions in this Form 4 filing.
Dominion Energy director Joseph M. Rigby received 3,273 stock units tied to Common Stock at $62.95 per share, credited to a company trust for his benefit. These additional stock units represent his annual stock retainer and annual cash retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan.
After this award, 36,194.3387 shares are held indirectly through the company trust and 9,209.0064 shares are held directly. The transaction is exempt under Rule 16(b)-3 and reflects routine, compensation-related equity rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RIGBY JOSEPH M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,273 | $62.95 | $206K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,194.339 shares (Indirect, By Company Trust for Director);
Common Stock — 9,209.006 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock units awarded: 3,273 stock units
Reference price per share: $62.95 per share
Indirect holdings after award: 36,194.3387 shares
+1 more
4 metrics
Stock units awarded
3,273 stock units
Compensation credit under Non-Employee Directors Compensation Plan
Reference price per share
$62.95 per share
Value used for the 3,273 stock units
Indirect holdings after award
36,194.3387 shares
Held by company trust for the director after the transaction
Direct holdings after filing
9,209.0064 shares
Common Stock held directly by the director
Key Terms
Non-Employee Directors Compensation Plan, stock units, Rule 16(b)-3, By Company Trust for Director
4 terms
Non-Employee Directors Compensation Plan financial
"annual stock retainer and annual cash retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan"
stock units financial
"Additional stock units credited to the Director's account for annual stock retainer and annual cash retainer"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Rule 16(b)-3 regulatory
"under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan in a transaction exempt under Rule 16(b)-3"
By Company Trust for Director financial
"nature_of_ownership: By Company Trust for Director"
FAQ
What insider activity did Dominion Energy (D) report for Joseph M. Rigby?
Dominion Energy reported that director Joseph M. Rigby received 3,273 additional stock units credited to a company trust. These units represent his annual stock and cash retainers under the Non-Employee Directors Compensation Plan and are exempt under Rule 16(b)-3 as compensation-related.
Was the Dominion Energy (D) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. Joseph M. Rigby received 3,273 stock units as a compensation award under the Non-Employee Directors Compensation Plan, credited to a company trust and reported as exempt under Rule 16(b)-3, rather than a market trade.
What price was used for the Dominion Energy (D) stock unit award?
The compensation award to Joseph M. Rigby used a reference price of $62.95 per share for 3,273 stock units. This value applies to stock units credited under the Non-Employee Directors Compensation Plan, not to an open-market purchase or sale transaction.
How are Joseph M. Rigby’s Dominion Energy (D) stock units held?
The 3,273 new stock units are held indirectly “By Company Trust for Director,” according to the filing. This structure places 36,194.3387 shares in the trust after the award, in addition to 9,209.0064 shares that he holds directly in his own name.