Entergy (NYSE: ETR) grants new stock and option awards to officer

Rhea-AI Filing Summary

Entergy Corporation filed a Form 4 showing equity awards to insider Phillip R. May Jr. On January 29, 2026, he received 1,386 shares of common stock at $0, which are subject to forfeiture and vest in three equal annual installments beginning on January 29, 2027.

He also received employee stock options for 5,587 shares at an exercise price of $96.03, vesting in three equal annual installments starting January 29, 2027 and expiring January 29, 2036. Following the transaction, he directly owned 38,288 common shares and indirectly held 18,123 shares through a 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

May Phillip R Jr

(Last) (First) (Middle)

C/O ENTERGY CORPORATION LEGAL DEPARTMENT

639 LOYOLA AVENUE, 26TH FLOOR

(Street)

NEW ORLEANS LA 70113

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENTERGY CORP /DE/ [ ETR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			"Officer" Under Sec. 16 Rules

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/29/2026		A		1,386(1)	A	$0	38,288	D
Common Stock								18,123	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$96.03	01/29/2026		A		5,587		(2)	01/29/2036	Common Stock	5,587	$0	5,587	D

Explanation of Responses:

1. The shares are subject to forfeiture. The risk of forfeiture lapses in three equal annual installments beginning on January 29, 2027.

2. The options vest and become exercisable in three equal annual installments beginning on January 29, 2027.

	/s/ Daniel T. Falstad, by power of attorney granted by the Reporting Person	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Entergy (ETR) insider Phillip R. May Jr receive in this Form 4?

Phillip R. May Jr received 1,386 shares of Entergy common stock and 5,587 employee stock options. The stock was granted at $0, while the options have a $96.03 exercise price, reflecting standard equity-based compensation for a company insider.

When do the new Entergy (ETR) restricted shares for Phillip R. May Jr vest?

The 1,386 Entergy common shares are subject to forfeiture and vest in three equal annual installments. Vesting begins on January 29, 2027, meaning one-third of the shares become non-forfeitable each year over a three-year period.

How do the new Entergy (ETR) stock options for Phillip R. May Jr vest and expire?

The 5,587 employee stock options vest in three equal annual installments beginning on January 29, 2027. They carry a $96.03 exercise price and expire on January 29, 2036, providing a long-term incentive window for the insider.

How many Entergy (ETR) shares does Phillip R. May Jr own after this transaction?

After the reported awards, Phillip R. May Jr directly beneficially owned 38,288 Entergy common shares. He also indirectly held 18,123 additional common shares through a 401(k) plan, reflecting retirement-plan ownership separate from his direct holdings.

What does "subject to forfeiture" mean for the Entergy (ETR) shares granted?

“Subject to forfeiture” means the 1,386 granted shares can be lost if vesting conditions are not met. The risk of forfeiture decreases as shares vest in three equal annual installments starting January 29, 2027, aligning the award with continued service or performance.

Is the Entergy (ETR) equity grant to Phillip R. May Jr a purchase or a compensation award?

The Form 4 shows a compensation award rather than a purchase. Both the 1,386 common shares and 5,587 stock options were reported with a $0 transaction price, indicating grants from Entergy as part of his compensation package, not open-market buying.