Entergy director receives 245 deferred equity units tied to common stock
Entergy Corporation director reports quarterly equity grant.
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Rhea-AI Filing Summary
Entergy Corporation director reports quarterly equity grant. A company director filed a Form 4 disclosing a quarterly grant of 245 equity units, each economically equivalent to one share of Entergy common stock. These units were issued at a price of $0 as part of Entergy's Director Stock Program and are classified as derivative securities. At the end of a deferral period chosen by the director, the units will be settled in cash based on the value of Entergy common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Equity Units | 245 | $0.00 | $0.00 |
Footnotes (1)
- F1. Quarterly grant of shares of Entergy common stock granted pursuant to Entergy's Director Stock Program deferred as equity units. Each unit is the economic equivalent of one share of Entergy common stock and at the end of the deferral period selected by the reporting person, the units will be distributed in cash.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Entergy (ETR) report in this Form 4?
What are the 245 equity units reported by the Entergy (ETR) director?
Was there a purchase price for the Entergy (ETR) director’s equity units?
How will the Entergy (ETR) director’s equity units be settled?
Does this Entergy (ETR) Form 4 involve derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.