ETR Form 4: Director Stock Grant of 265 Shares Boosts Insider Holdings
Rhea-AI Filing Summary
Stuart L. Levenick, a director of Entergy Corporation (ETR), acquired 265 shares of Entergy common stock under the company’s Director Stock Program on 09/02/2025. The reported transaction lists a price of $0 and shows Mr. Levenick beneficially owning 45,668 shares following the acquisition. The Form 4 was submitted by a single reporting person and signed via power of attorney. The filing discloses only a non-derivative acquisition under the director plan and does not report any dispositions or derivative activity.
Positive
- Director share acquisition under Entergy's Director Stock Program (265 shares)
- Increased insider ownership to 45,668 shares following the grant
- Clear reporting of a non-derivative transaction and ownership form (Direct)
Negative
- None.
Insights
TL;DR: Routine stock grant to a director increased insider-held shares to 45,668; transaction reported at $0 under the director plan.
This Form 4 documents a non-cash acquisition of 265 Entergy (ETR) common shares by Director Stuart L. Levenick under the company’s Director Stock Program. The transaction increases his reported beneficial ownership to 45,668 shares. The $0 price indicates these shares were issued as part of the director compensation program rather than purchased on the open market. There is no other trading activity or derivative exposure disclosed.
TL;DR: Standard director award reported; increases insider alignment through equity ownership without open-market purchase.
The filing reflects a common governance practice: issuing equity to board members under a director stock program. Such grants are typically intended to align director incentives with shareholders. The report clarifies form of ownership as direct and shows total beneficial ownership after the grant. No departures from routine disclosure practices are evident in the document.