NextEra (NEE) Director Credited 272 Phantom Stock Units, Cash-Settled
Rhea-AI Filing Summary
Camaren James Lawrence, a director of NextEra Energy, Inc. (NEE), reported an acquisition of 272 Phantom Stock Units on 09/15/2025 under the NextEra Deferred Compensation Plan. The units are theoretical shares tied to the plan's Stock Fund and are valued using the issuer's NYSE closing price of $71.50 on the transaction date. The filing shows 33,973 shares (units) beneficially owned following the transaction and indicates these phantom units are paid in cash at the end of the deferral period. The report was signed by an attorney-in-fact on 09/16/2025.
Positive
- Director participation in the company's Deferred Compensation Plan is documented by acquisition of 272 Phantom Stock Units
- Clear disclosure of valuation method using the NYSE closing price ($71.50) and explanation that units are cash-settled
- Post-transaction holdings are quantified: 33,973 units reported as beneficially owned following the transaction
Negative
- None.
Insights
TL;DR: Routine director participation in deferred-compensation plan; transaction appears administrative and non-material.
The Form 4 discloses a director-level acquisition of 272 phantom units under the company's Deferred Compensation Plan. These units are theoretical, tied to the plan's Stock Fund and ultimately payable in cash, which limits immediate equity dilution and voting changes. The filing is consistent with standard compensation deferral mechanics and contains clear explanations about valuation and payment in cash. No stock option exercises, sales, or transfers of actual shares are reported.
TL;DR: Compensation-driven transaction reflecting plan crediting; valuation uses NYSE closing price.
The entry of 272 Phantom Stock Units reflects crediting to the reporting person's deferred compensation account and valuation using the issuer's NYSE closing price of $71.50. The explanatory notes clarify the units mirror theoretical holdings in the Stock Fund and that variations may reflect cash/stock mix in the fund. Because payments are cash-settled at deferral end, this is a bookkeeping/compensation record rather than an equity stake change with direct market impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 272 | $71.50 | $19K |
Footnotes (1)
- Phantom Stock Units approximate the number of phantom shares of the Issuer's common stock attributable to phantom units credited to the reporting person's account under the NextEra Energy, Inc. Deferred Compensation Plan (the "Plan"). Amounts deferred under the Plan, including amounts attributable to reinvested dividends, are deemed to be invested in a number of unfunded theoretical units equal to the number of units which would have been credited if the deferred amounts had been invested in the Issuer's company stock fund in its Retirement Savings Plan (the "Stock Fund"). The Stock Fund is accounted for in units of a unitized pool of stock and cash. Phantom Stock Units are estimated based on the number of theoretical units credited to the reporting person. Accounts are payable in cash at the end of the deferral period. Closing price of Issuer's common stock on NYSE on the relevant date (price used to value units in the Stock Fund). Differences in holdings between any given dates may result from varying percentages of cash and stock held in the Stock Fund on those dates.