Entergy (ETR) director Ropp awarded common shares and phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entergy Corp director Ralph Lewis Ropp reported two equity awards in the form of common stock and phantom stock units. On 2026-06-01, he received 221 shares of Entergy common stock and 684 phantom stock units as grants at no cost. Each phantom stock unit is the economic equivalent of one share of Entergy common stock, is vested at grant, and will be settled in shares after he leaves Entergy’s Board. Following these awards, his direct holdings include 2,423 shares of Entergy common stock, which include 3 shares acquired through the company’s dividend reinvestment plan, and 2,202 phantom stock units under Entergy’s Service Recognition Program.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ropp Ralph Lewis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 684 | $0.00 | -- |
| Grant/Award | Common Stock | 221 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,202 shares (Direct, null)
Footnotes (1)
- Reflects phantom stock units acquired under Entergy Corporation's Service Recognition Program and each phantom stock unit is the economic equivalent of one share of Entergy common stock. The phantom stock units are vested at the time of grant and will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors. Includes 3 shares of Entergy common stock acquired pursuant to Entergy's dividend reinvestment plan.
Key Figures
Common stock grant: 221 shares at $0.00
Phantom stock units grant: 684 units
Common shares held after: 2,423 shares
+2 more
5 metrics
Common stock grant
221 shares at $0.00
Grant/award of Entergy common stock on 2026-06-01
Phantom stock units grant
684 units
Phantom stock units under Service Recognition Program on 2026-06-01
Common shares held after
2,423 shares
Direct Entergy common stock holdings following transactions
Phantom units held after
2,202 units
Phantom stock units balance following transactions
Dividend reinvestment plan shares
3 shares
Common shares acquired via Entergy’s dividend reinvestment plan
Key Terms
phantom stock units, Service Recognition Program, dividend reinvestment plan, economic equivalent
4 terms
phantom stock units financial
"Reflects phantom stock units acquired under Entergy Corporation's Service Recognition Program"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Service Recognition Program financial
"phantom stock units acquired under Entergy Corporation's Service Recognition Program"
dividend reinvestment plan financial
"Includes 3 shares of Entergy common stock acquired pursuant to Entergy's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
economic equivalent financial
"each phantom stock unit is the economic equivalent of one share of Entergy common stock"
FAQ
What did Entergy (ETR) director Ralph Lewis Ropp report in this Form 4?
Ralph Lewis Ropp reported receiving equity awards in Entergy common stock and phantom stock units. The transactions were classified as grants or awards, not market purchases or sales, and increased his direct equity-related exposure to Entergy shares.
What are the phantom stock units reported by Entergy (ETR) director Ropp?
Ropp received 684 phantom stock units under Entergy’s Service Recognition Program. Each unit is economically equivalent to one Entergy common share, vests at grant, and will be settled in actual shares after he separates from the Board of Directors.
What are Ralph Lewis Ropp’s holdings after the reported Entergy (ETR) transactions?
After the transactions, he directly holds 2,423 shares of Entergy common stock and 2,202 phantom stock units. The common stock total includes 3 shares acquired through Entergy’s dividend reinvestment plan as disclosed in the footnotes.
Were the Entergy (ETR) transactions by director Ropp open-market buys or sells?
The transactions were not open-market trades. They are coded as grants or awards with a transaction price of $0.00, indicating compensation-related acquisitions rather than discretionary buying or selling in the market.