ETR (NYSE: ETR) files notice of proposed sale of 5,000 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
ETR filed a Form 144 notifying a proposed sale of 5,000 shares of Common Stock through Fidelity Brokerage Services LLC. The shares originate from restricted stock vesting events dated 01/17/2025 (3,160 shares), 01/25/2025 (1,078 shares) and 01/26/2025 (762 shares).
Positive
- None.
Negative
- None.
Insights
Form 144 records a proposed sale of 5,000 common shares tied to recent vesting.
The filing lists a broker, Fidelity Brokerage Services LLC, and a proposed sale quantity of 5,000 shares. It also itemizes restricted stock vesting on 01/17/2025, 01/25/2025, and 01/26/2025.
Timing and proceeds treatment are not detailed in the excerpt; subsequent filings or transaction confirmations will show whether the sale occurred and any cash amounts realized.
Key Figures
Proposed sale: 5,000 shares
Broker: Fidelity Brokerage Services LLC
Reported value: 575,000.00
+3 more
6 metrics
Proposed sale
5,000 shares
Form 144 excerpt
Broker
Fidelity Brokerage Services LLC
Intermediary listed on Form 144
Reported value
575,000.00
Value field shown in excerpt
Vesting — 01/17/2025
3,160 shares
Restricted Stock Vesting
Vesting — 01/25/2025
1,078 shares
Restricted Stock Vesting
Vesting — 01/26/2025
762 shares
Restricted Stock Vesting
Key Terms
Form 144, Restricted Stock Vesting, Fidelity Brokerage Services LLC
3 terms
Form 144 regulatory
"Form 144 notifying proposed sale of securities (line items shown)"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Entries dated 01/17/2025, 01/25/2025, 01/26/2025 list "Restricted Stock Vesting""
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Fidelity Brokerage Services LLC other
"Broker listed as Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"
FAQ
What does ETR's Form 144 report?
The filing reports a proposed sale of 5,000 shares of Common Stock through Fidelity Brokerage Services LLC. It lists restricted stock vesting on 01/17/2025, 01/25/2025, and 01/26/2025
Who is the broker handling the proposed sale for ETR?
The broker named in the excerpt is Fidelity Brokerage Services LLC at the listed address. The filing shows the broker as the intermediary for the proposed disposition of the 5,000 shares.
Does Form 144 confirm the sale was completed?
No; Form 144 is a notice of a proposed sale and does not itself confirm completion. The excerpt lists proposed quantities and origins; transaction confirmations or subsequent filings would show whether the sales were executed.
What dates are tied to the restricted stock vesting in the filing?
The filing lists vesting dates of 01/17/2025 (3,160 shares), 01/25/2025 (1,078 shares), and 01/26/2025 (762 shares). These amounts sum to the listed sources for the proposed sale.