Entergy (NYSE: ETR) director reports 245 deferred equity units in Form 4 filing
Rhea-AI Filing Summary
Entergy Corporation reported a routine equity-based compensation transaction by a director. On 12/01/2025, the director received a quarterly grant of 245 equity units under Entergy's Director Stock Program. These units are deferred compensation instruments, with each unit economically equivalent to one share of Entergy common stock.
According to the filing, the units will be settled in cash at the end of the deferral period chosen by the director, based on the value of Entergy common stock at that time. After this grant, the director beneficially owns 5,174 derivative securities in the form of these equity units, held directly.
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FAQ
What insider transaction did Entergy (ETR) report in this Form 4?
Entergy reported that a director received a quarterly grant of 245 equity units on 12/01/2025 under Entergy's Director Stock Program, recorded as a derivative security tied to Entergy common stock.
How many equity units does the Entergy (ETR) director own after this transaction?
Following the reported grant, the director beneficially owns 5,174 derivative securities in the form of equity units linked to Entergy common stock, held directly.
What are the equity units reported in the Entergy (ETR) Form 4?
The equity units are deferred compensation awards where each unit is economically equivalent to one share of Entergy common stock, with value paid in cash at the end of the selected deferral period.
Will the Entergy (ETR) director receive shares or cash for these equity units?
The filing states that at the end of the deferral period chosen by the director, the equity units will be distributed in cash, based on their value relative to Entergy common stock.
Is this Entergy (ETR) Form 4 transaction part of a regular compensation program?
Yes. The filing describes this as a quarterly grant of shares of Entergy common stock granted under Entergy's Director Stock Program, deferred as equity units.
What is the relationship of the reporting person to Entergy (ETR)?
The reporting person is identified as a Director of Entergy Corporation and files the Form 4 as an individual reporting person.