NextEra director granted phantom stock units
PORGES DAVID L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
PORGES DAVID L reported acquisition or exercise transactions in this Form 4 filing.
NextEra Energy director David L. Porges reported a compensation-related award of 41 Phantom Stock Units on common stock, valued using the $92.82 NYSE closing price on the grant date. Following this grant, his account under the company’s Deferred Compensation Plan reflects 6,559 Phantom Stock Units, which are payable in cash at the end of the deferral period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 41 | $92.82 | $4K |
Footnotes (3)
- F1. 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.
- F2. Closing price of Issuer's common stock on NYSE on the relevant date (price used to value units in the Stock Fund).
- F3. Differences in holdings between any given dates may result from varying percentages of cash and stock held in the Stock Fund on those dates.
FAQ
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What did NextEra Energy (NEE) director David L. Porges report on this Form 4?
What are Phantom Stock Units in the NextEra Energy (NEE) filing?
At what price were David Porges’ Phantom Stock Units valued in this Form 4?
How many Phantom Stock Units does David Porges hold after this transaction?
Does this NextEra Energy (NEE) Form 4 reflect an open-market stock purchase or sale?
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