Entergy (NYSE: ETR) director receives stock and deferred equity units
Rhea-AI Filing Summary
DONALD KIRKLAND H reported acquisition or exercise transactions in this Form 4 filing.
Entergy Corporation director Donald H. Kirkland reported compensation-related equity awards. He received 858 phantom stock units of Entergy common stock under the Service Recognition Program, with each unit economically equivalent to one share and vested at grant. These units will be settled in Entergy common shares after he leaves the Board.
He was also granted 221 equity units under Entergy's Director Stock Program, deferred as equity units that are each economically equivalent to one share of common stock and will be distributed in cash at the end of his selected deferral period. Following these awards, he directly holds 24,505 shares of Entergy common stock and 15,098 equity units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Equity Units | 221 | $0.00 | -- |
| Grant/Award | Common Stock | 858 | $0.00 | -- |
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 183 shares of Entergy common stock acquired pursuant to Entergy Corporation's dividend reinvestment plan. Quarterly grant of shares of Entergy common stock granted pursuant to Entergy's Director Stock Program deferred as equity units. Each unit is the economic equivalent of one share of Entergy common stock and at the end of the deferral period selected by the reporting person, the units will be distributed in cash.