Entergy (ETR) director Frederickson receives 1,079 share-equivalent awards as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entergy director Philip L. Frederickson reported two compensation-related acquisitions of Entergy common stock equivalents. He received a total of 1,079 common-stock-equivalent shares on a grant basis at no cash cost, through the company’s Service Recognition and Director Stock Programs, including vested phantom stock units settled after he leaves the Board.
After these awards, his reported direct holdings, including shares acquired via the dividend reinvestment plan, were in the mid‑30,000 share range, indicating these are incremental, routine director compensation grants rather than open‑market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FREDERICKSON PHILIP 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 — 33,418 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. Includes 102 shares of Entergy common stock acquired pursuant to Entergy Corporation's dividend reinvestment plan.
Key Figures
Grant 1 size: 221 shares
Grant 2 size: 858 shares
Total awarded: 1,079 share equivalents
+3 more
6 metrics
Grant 1 size
221 shares
Equity award coded A on 2026-06-01
Grant 2 size
858 shares
Equity award coded A on 2026-06-01
Total awarded
1,079 share equivalents
Sum of two compensation grants
Holdings after grant 1
33,639 shares
Total direct holdings following first reported award
Holdings after grant 2
33,418 shares
Total direct holdings following second reported award
Dividend reinvestment shares
102 shares
Acquired via dividend reinvestment plan
Key Terms
phantom stock units, Service Recognition Program, Director Stock Program, dividend reinvestment plan, +1 more
5 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."
dividend reinvestment plan financial
"Includes 102 shares of Entergy common stock acquired pursuant to Entergy Corporation's dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did Entergy (ETR) director Philip L. Frederickson report in this Form 4?
Philip L. Frederickson reported receiving equity-based compensation awards totaling 1,079 common-stock-equivalent shares. These were granted at no cash cost under Entergy’s Service Recognition and Director Stock Programs, reflecting routine director compensation rather than open-market buying or selling activity.
Were Philip L. Frederickson’s Entergy (ETR) transactions open-market buys or sales?
The transactions were not open-market buys or sales. Both are coded as “A” for grants or awards, with a reported price of $0.00 per share, indicating equity compensation grants rather than discretionary trading in Entergy’s common stock on the open market.
What are the phantom stock units mentioned in the Entergy (ETR) filing?
Phantom stock units are bookkeeping entries economically equivalent to one share of Entergy common stock. In this case, units granted under the Service Recognition Program vest immediately and will be settled in actual Entergy shares after Frederickson separates from the Board of Directors.
How will Frederickson’s Entergy (ETR) phantom stock units be settled?
The phantom stock units are vested at grant and will be settled in shares of Entergy common stock after Frederickson’s separation from Entergy’s Board. Until settlement, they track the economic value of common shares but do not represent currently issued stock.