Entergy (ETR) director Karen Puckett granted phantom units and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entergy director Karen A. Puckett reported stock-based awards rather than open-market trades. She acquired 221 phantom stock units and 858 shares tied to Entergy common stock at a stated price of $0.00 per share.
The 221 phantom stock units were granted under Entergy’s Service Recognition Program and are fully vested, with each unit economically equivalent to one Entergy share and to be settled in stock after she leaves the Board. The 858 shares were acquired under Entergy’s Director Stock Program as additional equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PUCKETT KAREN A
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 — 34,002 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. Acquired under Entergy Corporation's Director Stock Program.
Key Figures
Phantom stock units granted: 221 units
Director stock program shares: 858 shares
Transaction price per unit/share: $0.00 per unit/share
+1 more
4 metrics
Phantom stock units granted
221 units
Service Recognition Program award, each equivalent to one share
Director stock program shares
858 shares
Acquired under Entergy Corporation's Director Stock Program
Transaction price per unit/share
$0.00 per unit/share
Stated for both reported award transactions
Award transactions count
2 transactions
Both coded A for grant, award, or other acquisition
Key Terms
phantom stock units, Service Recognition Program, Director Stock Program, transaction code A
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
"acquired under Entergy Corporation's Service Recognition Program and each phantom stock unit"
Director Stock Program financial
"Acquired under Entergy Corporation's Director Stock Program."
transaction code A regulatory
"transaction_code": "A" ... "transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Entergy (ETR) director Karen A. Puckett report in this Form 4?
Karen A. Puckett reported equity awards tied to Entergy common stock. She acquired 221 phantom stock units and 858 shares at a stated price of $0.00 per share as director compensation, not through open-market buying or selling.
Were Karen Puckett’s Entergy (ETR) transactions open-market purchases or sales?
The transactions were not open-market trades. Both entries use transaction code A, reflecting grant or award acquisitions of equity-based compensation under Entergy programs, rather than discretionary buying or selling of Entergy common stock in the market.
What are the 221 phantom stock units reported for Entergy (ETR)?
The 221 phantom stock units are awards under Entergy’s Service Recognition Program. Each unit is economically equivalent to one Entergy common share, vests immediately at grant, and will be settled in Entergy stock after Karen Puckett leaves the Board.
Does this Entergy (ETR) Form 4 indicate any derivative or option exercises?
No derivative or option exercises are shown in this Form 4. Both reported transactions are non-derivative awards of equity tied to Entergy common stock, with no separate exercise or conversion prices or derivative positions reported in the derivative summary.