Form 4: Dominion Energy CFO Increases Stake to 47,323.84 Shares
Rhea-AI Filing Summary
Dominion Energy insider purchase increases CFO stake. Exec. Vice President & CFO Steven D. Ridge purchased 2,122.8379 shares of Dominion Energy common stock on 09/03/2025 at a price of $58.8825 per share under the company's Executive Stock Purchase Tool Kit. After the transaction, his beneficial ownership increased to 47,323.8379 shares. The filing notes the purchase is exempt under Rule 16(b)-3.
This Form 4 reports a routine, documented employee purchase rather than a sale or derivative exercise, showing the officer added to his direct holdings via a company plan.
Positive
- Officer increased direct ownership by 2,122.8379 shares, bringing total beneficial holdings to 47,323.8379 shares
- Transaction executed under company plan (Executive Stock Purchase Tool Kit) and cited as exempt under Rule 16(b)-3, indicating procedural compliance
- Clear disclosure of price ($58.8825) and transaction date (09/03/2025)
Negative
- None.
Insights
TL;DR: CFO purchased ~2.1k shares via company purchase plan, modestly increasing direct ownership to 47.3k shares.
The transaction is a standard, non-derivative acquisition under the Executive Stock Purchase Tool Kit and is exempt under Rule 16(b)-3, indicating it was made pursuant to a pre-established, compliant plan. The purchase price of $58.8825 per share and the resulting stake are disclosed transparently. From a disclosure perspective this is routine and provides limited incremental insight into management sentiment beyond participation in the company purchase program.
TL;DR: Insider acquisition under an approved plan; governance procedures appear followed based on the exemption cited.
The filing shows compliance with Section 16 reporting requirements and cites Rule 16(b)-3 exemption, implying the purchase was made under a pre-approved plan that satisfies affirmative defense conditions. The signature by a power of attorney is provided. This disclosure is routine and indicates adherence to governance and insider-trading policy processes.