Director at Dominion Energy (NYSE: D) receives 5,084-share compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SPILMAN ROBERT H JR reported acquisition or exercise transactions in this Form 4 filing.
Dominion Energy director Robert H. Spilman Jr. received a stock-based compensation award rather than making an open-market trade. On this Form 4, a Company Trust for Director was credited with 5,084 shares of Dominion Energy common stock at $62.95 per share as a grant under the Non-Employee Directors Compensation Plan, in a transaction exempt under Rule 16(b)-3.
Following this grant, the Company Trust for Director held 29,425.6971 shares indirectly for Spilman. He also had 32,797.3178 shares held directly and 2,834 shares held indirectly through the Jane B. Spilman 2020 Irrevocable Children's Trust, reflecting both personal and family-related holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SPILMAN ROBERT H JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,084 | $62.95 | $320K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,425.697 shares (Indirect, By Company Trust for Director);
Common Stock — 32,797.318 shares (Direct, null)
Footnotes (1)
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Key Figures
Compensation grant shares: 5,084 shares
Grant price per share: $62.95/share
Indirect trust holdings post-grant: 29,425.6971 shares
+2 more
5 metrics
Compensation grant shares
5,084 shares
Common Stock grant to Company Trust for Director
Grant price per share
$62.95/share
Price used for stock units credited under compensation plan
Indirect trust holdings post-grant
29,425.6971 shares
Held by Company Trust for Director after award
Direct holdings
32,797.3178 shares
Common Stock held directly after reported transactions
Children's trust holdings
2,834 shares
Held by Jane B. Spilman 2020 Irrevocable Children's Trust
Key Terms
Non-Employee Directors Compensation Plan, Rule 16(b)-3, Common Stock, indirect ownership, +1 more
5 terms
Non-Employee Directors Compensation Plan financial
"Additional stock units credited to the Director's account for annual stock retainer and annual cash retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan"
Rule 16(b)-3 regulatory
"in a transaction exempt under Rule 16(b)-3"
Common Stock financial
"Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"direct_or_indirect": "I""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Dominion Energy (D) director Robert H. Spilman Jr. report on this Form 4?
He reported a stock-based compensation award, not a market trade. A Company Trust for Director was granted 5,084 shares of Dominion Energy common stock at $62.95 per share under the Non-Employee Directors Compensation Plan, exempt under Rule 16(b)-3.
Was the Dominion Energy (D) Form 4 transaction a stock purchase or sale?
The filing shows a grant of shares, not a purchase or sale. Spilman received 5,084 shares via a Company Trust for Director as compensation under the Non-Employee Directors Compensation Plan, in a transaction exempt from Section 16(b) under Rule 16(b)-3.
What is the role of the Company Trust for Director in the Dominion Energy (D) filing?
The Company Trust for Director holds stock units credited as board compensation. In this filing, it received 5,084 Dominion Energy common shares at $62.95 per share under the Non-Employee Directors Compensation Plan, and held a total of 29,425.6971 shares for the director afterward.
What plan governed the Dominion Energy (D) stock grant to the director?
The grant was made under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan. Additional stock units were credited to the director’s account for annual stock and cash retainers, and the transaction was exempt from Section 16(b) under Rule 16(b)-3.