Director at Entergy (ETR) receives quarterly grant of 217 equity units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entergy Corporation director Donald H. Kirkland reported an award of 217 equity units on Entergy common stock. The filing shows this was a grant or other acquisition with no purchase price, increasing his directly held derivative-equity units to 14,877. According to the footnote, these units are deferred under Entergy's Director Stock Program, are economically equivalent to one share of Entergy common stock each, and will be settled in cash at the end of a deferral period chosen by the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DONALD KIRKLAND H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Equity Units | 217 | $0.00 | -- |
Holdings After Transaction:
Equity Units — 14,877 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Entergy (ETR) disclose for Donald H. Kirkland?
Entergy disclosed that director Donald H. Kirkland received an award of 217 equity units tied to Entergy common stock. The grant was recorded as a derivative acquisition with no cash price, increasing his directly held equity units to 14,877 under the company’s director compensation program.
What are the equity units reported in the Entergy (ETR) Form 4 filing?
The equity units are deferred awards under Entergy’s Director Stock Program. Each unit is economically equivalent to one share of Entergy common stock and will ultimately be paid in cash at the end of a deferral period selected by the reporting director, rather than delivered as actual shares.
How many Entergy (ETR) equity units does Donald H. Kirkland hold after this grant?
After the grant, Donald H. Kirkland holds 14,877 equity units directly. These units track the economic value of Entergy common stock and will be settled in cash at the end of the chosen deferral period, according to the footnote description in the filing.
Is the Entergy (ETR) equity unit grant to Donald H. Kirkland part of a regular program?
Yes. The footnote describes the transaction as a quarterly grant of shares under Entergy’s Director Stock Program, deferred as equity units. This indicates it is part of a recurring director compensation arrangement rather than a one-time special award or discretionary market transaction.