Form 4: Director James Bennett Increases Dominion Energy Stake
Statement of Changes in Beneficial Ownership
Director James A. Bennett acquired 2,820 shares of Dominion Energy common stock as part of an annual director compensation plan.
Summary
- Director James A. Bennett received 2,820 shares of Dominion Energy common stock on May 5, 2026.
- The shares were issued as part of the company's Non-Employee Directors Compensation Plan.
- The transaction was valued at $62.95 per share.
- Following this transaction, the director holds 27,182.4556 shares indirectly through a company trust and 8,992.1039 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- The acquisition reflects continued alignment between the director and the company's long-term performance.
- The transaction was part of a standard, pre-approved compensation plan for non-employee directors.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that director equity acquisitions via compensation plans are standard corporate governance practices in the utility sector, signaling stable board-level commitment to the issuer.
Comparison to Industry Standards
- The use of stock-based compensation for non-employee directors is consistent with standard practices at major utilities like Duke Energy and Southern Company.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | James A. Bennett authorized specific company personnel to file SEC reports on his behalf. | 06/20/2025 | Administrative efficiency for regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a routine compensation-related transaction.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of Power of Attorney execution. |
| 05/05/2026 | Date of the reported stock acquisition transaction. |
| 05/07/2026 | Date of filing the Form 4. |
Keywords
Dominion Energy, Director Compensation, Insider Transaction, Form 4, Equity Ownership
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