Entergy director granted 217 equity units
Entergy Corporation director John R. Burbank reported acquiring 217 equity units on Entergy common stock as a quarterly grant under the company’s Director Stock Program.
Rhea-AI Filing Summary
Entergy Corporation director John R. Burbank reported acquiring 217 equity units on Entergy common stock as a quarterly grant under the company’s Director Stock Program. These equity units are deferred awards, bringing his directly held equity units to 5,391 after the transaction.
Each equity unit is the economic equivalent of one share of Entergy common stock, but the award will be settled in cash at the end of a deferral period chosen by Burbank rather than in actual shares. The grant was recorded with a transaction price of $0.00 per unit, reflecting that it is a compensatory award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Equity Units | 217 | $0.00 | $0.00 |
Footnotes (1)
- F1. Quarterly grant of shares of Entergy Corporation 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
What did Entergy (ETR) director John R. Burbank report in this Form 4?
How many Entergy (ETR) equity units did John R. Burbank receive?
What are the equity units reported by Entergy (ETR) director John R. Burbank?
Will John R. Burbank’s Entergy (ETR) equity units be paid in stock or cash?
Was John R. Burbank’s Entergy (ETR) Form 4 transaction an open-market purchase?
How is the value of John R. Burbank’s Entergy (ETR) equity units determined?
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