[Form 4] ENTERGY CORP /DE/ Insider Trading Activity

Rhea-AI Filing Summary

Entergy Corporation (ETR) insider report: Phillip R. May Jr., an officer of Entergy, had 8,106 restricted stock units vest on October 1, 2025, and received 8,106 shares of common stock at no cash cost as a result of that vesting. After the transaction, the reporting person beneficially owned 34,751 shares directly and 18,123 shares indirectly through a 401(k) plan. The filing notes 79 of the owned shares were acquired via dividend reinvestment and explains the RSU grant date and a prior 2-for-1 forward split.

Positive

• 8,106 restricted stock units vested and converted to common shares, increasing the officer's direct ownership
• Clear disclosure of grant origin (Nov 10, 2022) and split adjustment provides transparency
• Post-transaction holdings are reported in both direct (34,751) and indirect (18,123 via 401(k)) forms

Negative

• None.

Insights

Securities Analyst

TL;DR Routine officer RSU vesting increased direct holdings by 8,106 shares; not a material market-moving event.

Phillip R. May Jr.'s form 4 discloses the vesting of restricted stock units granted in November 2022 (adjusted for a 2-for-1 forward split) that vested in full on October 1, 2025. The vesting converted to 8,106 common shares delivered at $0 price under the award terms, increasing his direct beneficial ownership to 34,751 shares, with an additional 18,123 shares held indirectly via a 401(k). This is a routine compensation-related issuance rather than an open-market purchase or sale.

Corporate Governance Expert

TL;DR Disclosure is complete for the vesting event; it reflects standard executive compensation mechanics, not a sale or unusual transfer.

The filing clearly states the origin of the RSUs, the adjustment for the forward split, and the post-transaction ownership breakdown (direct and indirect). It also notes a small portion of holdings came from dividend reinvestment. No dispositions, pledges, or derivative holdings remain reported from this grant after vesting.

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

OMB APPROVAL

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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).

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)
10/01/2025

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	10/01/2025		M		8,106	A	$0	34,751(1)	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
Restricted Stock Units	(2)	10/01/2025		M			8,106	(3)	(3)	Common Stock	8,106	$0	0	D

Explanation of Responses:

1. Includes 79 shares of Entergy common stock acquired through the dividend reinvestment feature of Entergy's equity ownership plans.

2. Each restricted stock unit represents a contingent right to receive one share of Entergy Corporation common stock.

3. 4,053 restricted stock units were granted to the reporting person on November 10, 2022 (subsequently adjusted to 8,106 restricted stock units to reflect the 2-for-1 forward stock split effective on December 12, 2024). Pursuant to the terms of the relevant grant agreement, the entirety of the restricted stock units vested on October 1, 2025.

	/s/ Daniel T. Falstad, by power of attorney granted by the Reporting Person	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did the Form 4 filed for ETR disclose about Phillip R. May Jr.'s transaction?

The filing shows 8,106 restricted stock units vested on October 1, 2025, converting to 8,106 shares delivered at $0 and resulting in 34,751 direct shares and 18,123 indirect shares.

Were any shares sold or purchased in an open-market transaction in this Form 4 for ETR?

No. The Form 4 reports an acquisition by vesting of RSUs (transaction code M) and does not report any open-market purchases or sales.

Why does the filing list both direct and indirect ownership for ETR insider holdings?

The filing distinguishes ownership directly held by the reporting person (34,751 shares) and shares held indirectly through a 401(k) plan (18,123 shares) as required by Section 16 reporting rules.

What is the origin and adjustment of the restricted stock units that vested in this filing?

The RSUs were originally granted on November 10, 2022 and later adjusted to 8,106 units to reflect a 2-for-1 forward stock split effective December 12, 2024.