Officer Phillip R. May Jr. receives 4,464 RSUs from Entergy (NYSE: ETR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
May Phillip R Jr reported acquisition or exercise transactions in this Form 4 filing.
Entergy Corporation reported that Phillip R. May Jr., an "Officer" under Section 16 rules, received a grant of 4,464 restricted stock units. Each unit represents a contingent right to one share of Entergy common stock. These units vest in three equal annual installments on June 1, 2027, June 1, 2028 and June 1, 2029, and his direct holdings of restricted stock units after the grant total 4,464.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
May Phillip R Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,464 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,464 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Entergy Corporation common stock. The restricted stock units were granted to the reporting person on May 7, 2026 and vest in three equal annual installments on each of June 1, 2027, June 1, 2028 and June 1, 2029.
Key Figures
RSUs granted: 4,464 units
Underlying shares: 4,464 shares
Vesting schedule start: June 1, 2027
+2 more
5 metrics
RSUs granted
4,464 units
Restricted stock units granted on May 7, 2026
Underlying shares
4,464 shares
Common stock underlying the restricted stock units
Vesting schedule start
June 1, 2027
First of three equal annual vesting dates
Final vesting date
June 1, 2029
Last of three annual vesting installments
RSUs after transaction
4,464 units
Total restricted stock units held directly after grant
Key Terms
Restricted Stock Units, contingent right, vest, derivative, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Entergy Corporation common stock"
vest financial
"vest in three equal annual installments on each of June 1, 2027, June 1, 2028 and June 1, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
Section 16 regulatory
""Officer" Under Sec. 16 Rules"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Entergy (ETR) insider Phillip R. May Jr. report on this Form 4?
Phillip R. May Jr. reported receiving 4,464 restricted stock units from Entergy as a compensation grant. Each unit represents a contingent right to one share of Entergy common stock, subject to vesting conditions over a three-year schedule.
How many restricted stock units did Phillip R. May Jr. receive from Entergy (ETR)?
He received 4,464 restricted stock units in this reported transaction. These units are derivative awards that convert into the same number of Entergy common shares as they vest, reflecting a non-cash component of his overall compensation package.
When do the newly granted Entergy (ETR) restricted stock units vest?
The 4,464 restricted stock units vest in three equal annual installments starting June 1, 2027. Additional installments follow on June 1, 2028 and June 1, 2029, creating a multi-year incentive structure tied to continued service or other vesting conditions.
What does each Entergy (ETR) restricted stock unit represent for Phillip R. May Jr.?
Each restricted stock unit represents a contingent right to receive one share of Entergy common stock. The rights become actual shares only as the units vest on the scheduled dates, aligning a portion of his compensation with future equity value.
How many Entergy (ETR) restricted stock units does Phillip R. May Jr. hold after this grant?
Following this grant, his reported direct holdings of restricted stock units total 4,464 units. This figure reflects the newly awarded units and indicates his derivative equity position tied to Entergy common stock at the time of the filing.