NextEra director granted 218 phantom stock units
CAMAREN JAMES LAWRENCE reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CAMAREN JAMES LAWRENCE reported acquisition or exercise transactions in this Form 4 filing.
NextEra Energy Inc. director James Lawrence Camaren received a grant of 218 Phantom Stock Units as deferred compensation. The units were valued using the issuer’s common stock closing price of $92.82 per share on the grant date and are credited under the company’s Deferred Compensation Plan.
Following this award, Camaren’s account reflects a total of 34,410 Phantom Stock Units. These units are unfunded, theoretical units tied to the performance of a unitized pool of the company’s stock and cash, and are ultimately payable in cash at the end of the deferral period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 218 | $92.82 | $20K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did James Lawrence Camaren report in this NextEra Energy (NEE) Form 4?
How were the Phantom Stock Units valued in the NEE Form 4 for James Camaren?
What is the total Phantom Stock Unit balance reported for James Camaren at NextEra Energy (NEE)?
How does the NextEra Energy Deferred Compensation Plan work for Phantom Stock Units?
Do Phantom Stock Units in this NEE Form 4 give James Camaren voting rights?
AI-generated analysis. How Rhea-AI works. Not financial advice.