Dominion Energy (D) director receives 2,820-share stock retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOMINION ENERGY, INC director James A. Bennett reported a routine equity compensation grant. On the reported date, a company trust for the director acquired 2,820 shares of Common Stock at $62.95 per share as a grant or award under the Non-Employee Directors Compensation Plan.
Following this grant, the trust held 27,182.4556 shares indirectly for the director, while a separate entry shows 8,992.1039 shares held directly. The footnote explains these were additional stock units credited as annual stock retainer in a transaction exempt under Rule 16(b)-3, indicating a standard, compensation-related award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BENNETT JAMES A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,820 | $62.95 | $178K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,182.456 shares (Indirect, By Company Trust for Director);
Common Stock — 8,992.104 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 2,820 shares
Grant reference price: $62.95 per share
Indirect holdings after grant: 27,182.4556 shares
+1 more
4 metrics
Stock units granted
2,820 shares
Common Stock grant to company trust for director
Grant reference price
$62.95 per share
Price per share for 2,820 granted shares
Indirect holdings after grant
27,182.4556 shares
Held by Company Trust for Director after transaction
Direct holdings
8,992.1039 shares
Directly held Common Stock after holding entry
Key Terms
Non-Employee Directors Compensation Plan, Rule 16(b)-3, Company Trust for Director
3 terms
Non-Employee Directors Compensation Plan financial
"annual stock 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"
Company Trust for Director financial
"nature_of_ownership": "By Company Trust for Director""
FAQ
What insider transaction did Dominion Energy (D) director James A. Bennett report?
James A. Bennett reported an acquisition of 2,820 shares of Dominion Energy common stock. These were granted to a company trust for the director as additional stock units for his annual stock retainer under the Non-Employee Directors Compensation Plan, not bought on the open market.
Was the Dominion Energy (D) Form 4 transaction a market purchase or a grant?
The Form 4 transaction was a grant, not a market purchase. Code A and the footnote show the 2,820 shares were credited as additional stock units for Bennett’s annual stock retainer under the Non-Employee Directors Compensation Plan, exempt under Rule 16(b)-3.
What does Rule 16(b)-3 exemption mean in the Dominion Energy (D) director’s Form 4?
The Rule 16(b)-3 reference means the director’s stock unit grant is exempt from certain short-swing profit rules. It confirms the 2,820-share transaction is a board-approved, compensation-related award under a plan, rather than a discretionary open-market trade by director James A. Bennett.
Does the Dominion Energy (D) Form 4 indicate any insider selling by James A. Bennett?
The Form 4 does not report any selling by James A. Bennett. It shows an acquisition of 2,820 shares as a compensation grant to a company trust and a separate holding entry, indicating routine equity compensation rather than a disposition of existing shares.