Form 4: Dominion Energy CEO Robert Blue Disposes of Shares to Cover Tax Obligations

Dominion Energy's CEO, Robert Blue, disposed of 19,155 shares of common stock on February 1, 2025, to satisfy tax withholding obligations.

Summary

• Robert M. Blue, Chair, President, and CEO of Dominion Energy, disposed of 19,155 shares of common stock on February 1, 2025.
• The transaction was executed at a price of $55.59 per share.
• This disposal was to satisfy tax withholding obligations associated with the vesting of restricted stock granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• Following the transaction, Blue directly owns 157,084.618 shares of Dominion Energy common stock.
• Blue also indirectly owns 4,227.4477 shares through the Trustee of the Employee Savings Plan.
• Shares of Common Stock held by the Thomas D. Blue Trust are excluded from this report and will be excluded from future filings because the reporting person no longer serves as trustee of the Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It's a standard practice and doesn't necessarily indicate a positive or negative outlook for the company.

Future Outlook

The reporting person's future filings will exclude shares of Common Stock held by the Thomas D. Blue Trust.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Dominion Energy, Robert Blue, stock disposal, Form 4, insider trading, tax obligations, restricted stock, beneficial ownership