ETR Form 4: Director John R. Burbank granted 265 deferred units

Rhea-AI Filing Summary

John R. Burbank, a director of Entergy Corporation (ETR), received a quarterly grant of 265 equity units on 09/02/2025 under Entergy's Director Stock Program. Each equity unit is the economic equivalent of one share of Entergy common stock and the reporting form states the units are deferred and will be distributed in cash at the end of the deferral period selected by the reporting person.

Following the reported grant, the filing shows the reporting person beneficially owns 4,929 shares directly. The Form 4 was signed by power of attorney on 09/03/2025.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation grant; deferred equity units align director pay with shareholder value without immediate dilution.

The filing documents a standard quarterly director award paid as deferred equity units rather than immediate shares. This preserves cash flow for the issuer and defers taxable events for the director until distribution. The reported increase of 265 units is modest relative to total outstanding shares and is consistent with customary board compensation practices. No disposals, exercises, or unusual trading codes are reported.

Securities Analyst

TL;DR: Non-material insider acquisition; transaction appears administrative and not likely to move market valuation.

The acquisition is a non-derivative economic-equivalent award recorded as equity units with a $0 per-unit price indicated for reporting purposes. Beneficial ownership post-transaction is listed as 4,929 shares direct. There are no indications of sales, hedging, or derivative activity that would raise governance or liquidity concerns.

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

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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^*

Burbank John R

(Last) (First) (Middle)

C/O ENTERGY CORPORATION LEGAL DEPARTMENT

639 LOYOLA AVENUE, 26TH FLOOR

(Street)

NEW ORLEANS LA 70113

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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

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

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

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

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
Equity Units	(1)	09/02/2025		A		265		(1)	(1)	Common Stock	265	$0	4,929	D

Explanation of Responses:

1. Quarterly grant of 265 shares of Entergy common stock granted pursuant to Entergy Corporation's Director Stock Program deferred as equity units. Each unit is the economic equivalent of one share of Entergy common stock and, at the end of the deferral period selected by the reporting person, the units will be distributed in cash.

	/s/ Daniel T. Falstad, by power of attorney granted by the Reporting Person	09/03/2025
	** 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.

FAQ

What did Entergy director John R. Burbank report on Form 4 (ETR)?

He reported a quarterly grant of 265 equity units on 09/02/2025 under the Director Stock Program; units are deferred and will be paid in cash at distribution.

How many shares does John R. Burbank beneficially own after the transaction?

The Form 4 shows 4,929 shares beneficially owned following the reported transaction.

Were any shares sold or exercised by the reporting person in this filing?

No. The filing reports only an acquisition of 265 equity units and no dispositions or exercises.

What is the economic nature of the reported equity units?

Each unit is described as the economic equivalent of one share of Entergy common stock and will be distributed in cash at the end of the deferral period.

When was the Form 4 signed?

The Form 4 was signed by power of attorney on 09/03/2025.