Entergy (ETR) director Brian Ellis reports stock and phantom unit grants
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ellis Brian W
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 — 14,232 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 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
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.