ETR Form 4: Director receives 265 deferred equity units, cash-settled
Rhea-AI Filing Summary
Donald K. Kirkland H, a director of Entergy Corporation (ETR), acquired 265 equity units on 09/02/2025 under Entergy's Director Stock Program. Each unit is described as the economic equivalent of one share of Entergy common stock and the reporting person elected deferral; the units will be distributed in cash at the end of the deferral period selected. The reported transaction shows a $0 price per unit and increases the reporting person’s beneficial ownership to 14,415 shares following the grant. The Form 4 was signed by a power of attorney on 09/03/2025.
Positive
- 265 equity units granted under Entergy's Director Stock Program on 09/02/2025
- Equity units are economic equivalents of common stock and were properly reported on Form 4
- Beneficial ownership increased to 14,415 shares following the grant
Negative
- None.
Insights
TL;DR: Routine director compensation: deferred equity units granted and cash-settled, recorded in Form 4.
The filing documents a standard director compensation event where 265 equity units were granted under the company’s Director Stock Program and deferred by the director for later cash distribution. The units are described as the economic equivalent of common shares, and the transaction is reported as $0 per unit. This is a routine disclosure required under Section 16 and reflects no immediate sale or purchase of open-market securities.
TL;DR: Small, routine grant that modestly increases insider beneficial ownership to 14,415 shares.
The report shows the director’s beneficial ownership after the grant at 14,415 shares. The instrument is a deferred equity unit settled in cash at the end of the deferral period, which the filing clearly states. There are no derivative exercises, sales, or purchases reported beyond the grant, and the transaction appears administrative rather than market-moving.