STOCK TITAN

ETR Form 4: Director receives 265 deferred equity units, cash-settled

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

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.

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*
DONALD KIRKLAND H

(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 14,415 D
Explanation of Responses:
1. Quarterly grant of 265 shares of Entergy Corporation common stock acquired under 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 Donald K. Kirkland receive on 09/02/2025 (ETR)?

He received 265 equity units under Entergy's Director Stock Program, recorded as economic equivalents of common stock.

How will the 265 equity units granted to Donald K. Kirkland be settled?

The filing states the units are deferred and will be distributed in cash at the end of the deferral period selected by the reporting person.

What was the reported price for the equity units on the Form 4?

The transaction is reported at a $0 price per unit in the Form 4.

What is Donald K. Kirkland’s total beneficial ownership after the reported grant?

The Form 4 shows 14,415 shares beneficially owned following the reported transaction.

When was the Form 4 for this transaction signed and filed?

The signature block shows the Form 4 was signed by power of attorney on 09/03/2025.
Entergy Corp

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