STOCK TITAN

ETR Form 4: Director Stock Award of 265 Shares and Disclosure Correction

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Entergy Corporation director Brian W. Ellis acquired 265 shares of Entergy common stock on 09/02/2025 under the company's Director Stock Program, at a reported price of $0 (deemed issuance under the program). After the transaction, Ellis beneficially owns 12,912 shares. The filing corrects an administrative error from a Form 4 filed on 06/02/2025 that had incorrectly reported a sale of 647 shares when only 600 shares were sold. The Form 4 was submitted by power of attorney on 09/03/2025.

Positive

  • Acquisition under Director Stock Program of 265 shares on 09/02/2025 adds to director alignment with shareholders
  • Correction of prior reporting error clarifies insider holdings and shows disclosure was amended

Negative

  • Administrative error in prior Form 4 incorrectly reported the number of shares sold (647 reported vs. 600 actually sold), indicating a reporting control lapse

Insights

TL;DR: Director acquisition is routine compensation; corrected prior reporting error highlights an administrative fix but not a material corporate change.

The 265-share acquisition was executed through the Director Stock Program and carries no cash purchase price in the filing, indicating an equity-award issuance common for board compensation. The post-transaction beneficial ownership of 12,912 shares is modest relative to a large-cap utility and unlikely to move valuation metrics. The explicit correction to the June Form 4 reduces ambiguity in insider holdings and is important for transparency; it appears administrative rather than substantive.

TL;DR: Filing shows standard director equity issuance and a corrected reporting error, underscoring the need for accurate Section 16 disclosures.

Acquisitions under director compensation plans are routine and align director and shareholder interests. The correction of a previously misstated sale (647 reported vs. 600 actually sold) is material to disclosure accuracy but does not indicate a change in control or new governance actions. Timely amendment and POA signature demonstrate remediation of the administrative inaccuracy.

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 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
Common Stock 09/02/2025 A(1) 265 A $0 12,912(2) 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. Acquired under Entergy Corporation's Director Stock Program.
2. On the Form 4 filed on June 2, 2025 for this reporting person, due to an administrative error, it was erroneously reported that the reporting person sold 647 shares when only 600 shares were sold. The balance on this Form 4 corrects that error.
/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 (ETR) director Brian W. Ellis report on Form 4?

The filing reports that Brian W. Ellis acquired 265 shares of Entergy common stock on 09/02/2025 under the Director Stock Program and now beneficially owns 12,912 shares.

Why is the price listed as $0 on the Form 4 for the ETR transaction?

The Form 4 shows a $0 price because the shares were issued under the company's Director Stock Program, which is reported as an issuance rather than a cash purchase in this filing.

Did the filing correct any previous disclosures for ETR insider trades?

Yes. The filing corrects an administrative error from a Form 4 filed on 06/02/2025 that had erroneously reported a sale of 647 shares when only 600 shares were sold.

Who signed the Form 4 for Brian W. Ellis?

The Form 4 was executed by Daniel T. Falstad by power of attorney on behalf of the reporting person and dated 09/03/2025.
Entergy Corp

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