Entergy (NYSE: ETR) CEO receives new stock and option awards

Rhea-AI Filing Summary

Entergy Corporation Chair and CEO Andrew S. Marsh reported new equity awards. On January 29, 2026, he received 20,954 shares of common stock at $0, subject to forfeiture that lapses in three equal annual installments beginning January 29, 2027.

On the same date, he was granted an employee stock option for 84,502 shares of common stock at a $96.03 exercise price, vesting in three equal annual installments beginning January 29, 2027. After these transactions, he directly owned 453,535 common shares and indirectly held 2,382 shares through a 401(k).

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).

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^*

Marsh Andrew S

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chair and CEO

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		20,954(1)	A	$0	453,535	D
Common Stock								2,382	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		84,502		(2)	01/29/2036	Common Stock	84,502	$0	84,502	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.
* 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).
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FAQ

What insider transactions did Entergy (ETR) report for Andrew S. Marsh?

Entergy Chair and CEO Andrew S. Marsh reported receiving new equity awards. He acquired 20,954 shares of common stock at $0 and an employee stock option covering 84,502 shares, both dated January 29, 2026, as part of his compensation.

How many Entergy (ETR) shares does Andrew S. Marsh own after this Form 4?

After these transactions, Andrew S. Marsh directly beneficially owned 453,535 shares of Entergy common stock. In addition, he indirectly held 2,382 common shares through a 401(k) plan, as disclosed in the Form 4 filing’s ownership table.

What are the terms of Andrew S. Marsh’s new Entergy stock grant?

Marsh received 20,954 shares of Entergy common stock at $0 that are subject to forfeiture. The risk of forfeiture lapses in three equal annual installments beginning on January 29, 2027, effectively creating a three-year vesting schedule for this stock award.

What are the key details of Andrew S. Marsh’s new Entergy stock option?

Marsh was granted an employee stock option to buy 84,502 Entergy common shares at a $96.03 exercise price. These options vest and become exercisable in three equal annual installments starting January 29, 2027, and have an expiration date of January 29, 2036.

Does Andrew S. Marsh hold Entergy (ETR) shares through a retirement plan?

Yes. The Form 4 shows Marsh indirectly owns 2,382 shares of Entergy common stock "By 401(k)". This indicates additional beneficial ownership through a retirement plan separate from his directly held 453,535 common shares.

Are Andrew S. Marsh’s new Entergy equity awards immediately vested?

No. The 20,954 common shares are subject to forfeiture, with risk lapsing in three equal annual installments from January 29, 2027. The 84,502 stock options also vest in three equal annual installments beginning the same date, creating a multi-year vesting schedule.