ETR Notice: 145 Common Shares to Be Sold via Fidelity on NYSE
Rhea-AI Filing Summary
Form 144 for Entergy (ETR) shows a proposed sale of 145 common shares on the New York Stock Exchange through Fidelity Brokerage Services. The filing lists an aggregate market value of $13,195.00 against total shares outstanding of 446,409,069, indicating the transaction is very small relative to the company's outstanding equity.
The securities are reported as acquired via an option granted on 01/31/2019 with an acquisition/settlement date and payment listed as 08/13/2025 and payment in cash. The form also states "Nothing to Report" for securities sold in the past three months. Several identifying fields (filer CIK/name and some issuer contact fields) are not populated in the provided extract.
Positive
- Detailed transaction disclosure provided: class, broker, share count, aggregate value, exchange, and acquisition details are all listed.
- No sales in prior three months: the form states "Nothing to Report," indicating this is not part of recent clustered selling activity.
Negative
- Missing filer/issuer identification: several identifying fields (filer CIK/name and issuer contact details) are not populated in the provided extract, limiting context.
- Small economic significance: 145 shares (~$13,195) is immaterial relative to 446,409,069 shares outstanding, so the filing conveys limited investor-impact information.
Insights
TL;DR: A de minimis proposed sale—145 shares worth ~$13k—has limited market impact given 446 million shares outstanding.
The Form 144 documents a proposed sale executed through Fidelity on the NYSE for 145 common shares valued at $13,195.00. Against the reported 446,409,069 shares outstanding, this quantity is immaterial and unlikely to affect liquidity or market pricing. The acquisition entry references an option grant dated 01/31/2019 with settlement on 08/13/2025, suggesting exercise followed by immediate sale. The filing also reports no sales in the prior three months, which helps confirm this is an isolated small disposition rather than part of a larger recent selling pattern.
TL;DR: Procedural disclosure appears compliant, but the extract lacks filer identification which limits assessment of insider implications.
The notice includes required transaction details—broker, class, share count, market value, exchange, and acquisition mechanics—indicating formal compliance with Rule 144 disclosure for a proposed sale. However, key filer/issuer contact fields in the provided extract are blank, preventing confirmation of whether the seller is an affiliate or non-affiliate and limiting governance interpretation. The small size of the sale (145 shares) suggests minimal governance or control changes if this is an insider disposition.