Entergy director receives stock and phantom unit awards

Entergy Corp director Brian W. Ellis reported stock-based awards, not open-market trades.

Rhea-AI Filing Summary

Entergy Corp director Brian W. Ellis reported stock-based awards, not open-market trades. He acquired 221 phantom stock units under Entergy’s Service Recognition Program, with each unit economically equivalent to one share of common stock and vested at grant.

These phantom stock units will be settled in Entergy common shares after he leaves the Board. Ellis also acquired 858 shares of common stock under Entergy’s Director Stock Program, reflecting additional equity compensation rather than a cash purchase or sale.

Insider Trade Summary

Grant/Award: 1,079 shares

Grant/Award 2 txns

Insider Ellis Brian W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	858	$0.00	$0.00
Grant/Award	Common Stock	221	$0.00	$0.00

Holdings After Transaction: Common Stock — 14,453 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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 share: $0.00 +1 more

4 metrics

Phantom stock units granted 221 units Service Recognition Program award, each equals one common share

Director Stock Program shares 858 shares Common stock acquired as director compensation grant

Transaction price per share $0.00 Both grants reported at zero price, indicating awards not purchases

Transaction count (acquisitions) 2 transactions 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 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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Entergy (ETR) director Brian W. Ellis report in this Form 4?

Brian W. Ellis reported equity awards in Entergy common stock, not market trades. He received phantom stock units and additional shares under company director compensation programs, increasing his equity-based compensation without any disclosed cash purchase or sale in the open market.

How many Entergy (ETR) phantom stock units did Brian W. Ellis receive?

He received 221 phantom stock units. Each unit is economically equivalent to one Entergy common share, vests at the time of grant, and will ultimately be settled in shares of Entergy common stock after he separates from the company’s Board of Directors.

What is Entergy’s Service Recognition Program mentioned in the Form 4?

The Service Recognition Program grants phantom stock units to recognize director service. For Brian W. Ellis, 221 phantom units were awarded, each equal in value to one Entergy common share and vested immediately, with payout in shares after he leaves the Board.

What did Brian W. Ellis acquire under Entergy’s Director Stock Program?

He acquired 858 shares of Entergy common stock under the Director Stock Program. This reflects stock-based compensation granted to him as a director, rather than shares bought on the open market, and increases his direct equity exposure to Entergy.

Do these Entergy (ETR) Form 4 entries indicate insider buying or selling in the market?

No, the entries show stock awards, not open-market trades. Both transactions are coded as grants or awards, with zero price per share, indicating compensation-related acquisitions rather than discretionary buying or selling of Entergy stock in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/02/2026 - 05:12 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Ellis Brian W

(Last) (First) (Middle)

C/O ENTERGY CORPORATION LEGAL DEPARTMENT

639 LOYOLA AVENUE, 26TH FLOOR

(Street)

NEW ORLEANS LOUISIANA 70113

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/01/2026		A(1)		858	A	$0	14,232	D
Common Stock	06/01/2026		A(2)		221	A	$0	14,453	D

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

Explanation of Responses:

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.

2. Acquired under Entergy Corporation's Director Stock Program.

	/s/ Daniel T. Falstad, by power of attorney granted by the Reporting Person	06/02/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)