NextEra (NEE) Director Receives 52 Deferred Phantom Stock Units
Rhea-AI Filing Summary
NEXTERRA ENERGY, INC. (NEE) director David L. Porges received 52 phantom stock units credited under the company's Deferred Compensation Plan on 09/15/2025. The filing values those units using the issuer's NYSE closing stock price on the relevant date of $71.50 and reports that the reporting person beneficially owns 6,476 shares following the transaction. The phantom units reflect theoretical units in the Retirement Savings Plan's company stock fund and are payable in cash at the end of the deferral period. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/16/2025.
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Insights
TL;DR: Routine deferred-compensation credit to a director; no change to share count or control.
The transaction is a non-dilutive credit of phantom stock units under the company's Deferred Compensation Plan and does not issue equity. The units are theoretical and payable in cash, so they do not immediately affect outstanding shares or voting power. Reporting of the grant and the valuation method using the NYSE closing price are standard governance disclosures; the filing identifies the director and the plan mechanics without indicating any extraordinary compensation or related-party transaction.
TL;DR: Small deferred award recorded; immaterial to market capitalization or earnings.
The addition of 52 phantom units valued at $71.50 each represents a modest notional award and, because payment is in cash and the units are unfunded theoretical amounts, there is no immediate equity issuance. The reported beneficial ownership of 6,476 shares provides context on the director's stake but does not indicate any sale or purchase of actual shares. This is a routine insider disclosure under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 52 | $71.50 | $4K |
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.