Stock awards increase Entergy (NYSE: ETR) director Levenick’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entergy Corp director Stuart L. Levenick reported stock-based awards rather than open-market trades. He acquired 221 phantom stock units under Entergy’s Service Recognition Program and 858 shares under the Director Stock Program, both at a stated price of $0.00 per share.
The phantom stock units are vested at grant and are economically equivalent to Entergy common shares, but will be settled in actual shares only after he leaves the Board. Following one reported transaction, his direct holdings were 47,209 shares of common stock, and following the other, 46,988 shares, indicating these are routine compensation-related grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LEVENICK STUART L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 858 | $0.00 | -- |
| Grant/Award | Common Stock | 221 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,988 shares (Direct, null)
Footnotes (1)
- Reflects phantom stock units acquired under Entergy'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. Acquired under Entergy Corporation's Director Stock Program.
Key Figures
Phantom stock units granted: 221 units
Director stock grant: 858 shares
Holdings after one transaction: 47,209 shares
+2 more
5 metrics
Phantom stock units granted
221 units
Service Recognition Program award, each equal to one common share
Director stock grant
858 shares
Entergy Corporation Director Stock Program award
Holdings after one transaction
47,209 shares
Direct common stock holdings following one reported acquisition
Holdings after another transaction
46,988 shares
Direct common stock holdings following the other acquisition
Acquisition transactions
2 awards
Both coded as grant, award, or other acquisition (Code A)
Key Terms
phantom stock units, Service Recognition Program, Director Stock Program
3 terms
phantom stock units financial
"Reflects phantom stock units acquired under Entergy's Service Recognition Program and each phantom stock unit is the economic equivalent of one share"
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
"Reflects phantom stock units acquired under Entergy's Service Recognition Program and each phantom stock unit is the economic equivalent"
Director Stock Program financial
"Acquired under Entergy Corporation's Director Stock Program."
FAQ
What insider transactions did Entergy (ETR) director Stuart L. Levenick report?
Stuart L. Levenick reported two acquisitions of Entergy common stock-related awards. These included 221 phantom stock units and 858 shares granted at a stated price of $0.00 per share as part of director and service recognition programs.
What are the 221 phantom stock units reported for Entergy (ETR)?
The 221 phantom stock units are compensation under Entergy’s Service Recognition Program. Each unit is economically equivalent to one Entergy common share, is vested at grant, and will be settled in actual shares after Levenick leaves the Board of Directors.
Did the Entergy (ETR) director’s Form 4 show any stock sales?
The Form 4 shows no sales. It reports only acquisitions coded as grants or awards, with two transactions marked as non-derivative acquisitions and zero transactions flagged as open-market purchases or sales of Entergy common stock.
How did these awards affect Stuart L. Levenick’s Entergy (ETR) holdings?
After the reported transactions, Levenick’s direct holdings were shown as 47,209 shares following one award and 46,988 shares following the other. These figures reflect incremental, routine compensation-related increases in his reported Entergy common stock position.