Form 4: Dominion Energy CNO Eric Carr Awarded 9,930 Shares

Dominion Energy's Chief Nuclear Officer and President of Nuclear Operations, Eric Carr, was awarded 9,930 shares of common stock as goal-based compensation.

Summary

• Eric Carr, Chief Nuclear Officer and President of Nuclear Operations and Chief Executive of Dominion Energy, Inc. (D), acquired 9,930 shares of common stock.
• The shares were awarded as goal-based compensation under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• The transaction occurred on January 30, 2026, with a price of $0.0000 per share, indicating an award rather than a purchase.
• Following this transaction, Eric Carr beneficially owns a total of 70,860 shares of Dominion Energy common stock.
• The receipt of these shares has been deferred by Mr. Carr under the Dominion Energy, Inc. Deferred Compensation Plan.
• The Compensation and Talent Development Committee determined the number of goal-based shares earned on January 30, 2026, with settlement occurring on February 2, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting successful achievement of performance goals by a key executive and a standard, well-structured compensation practice.

Positives

• The award of 9,930 shares to a key executive, Eric Carr, indicates the satisfaction of performance criteria.
• The award is part of an incentive compensation plan, aligning executive interests with shareholder value.
• The executive's total beneficial ownership increased to 70,860 shares, demonstrating continued stake in the company.

Future Outlook

The filing indicates that the receipt of the awarded shares has been deferred by Eric Carr under the company's Deferred Compensation Plan, suggesting a long-term commitment to holding company equity.

Management Comments

• The Compensation and Talent Development Committee of Dominion Energy, Inc. determined the number of goal-based shares earned on January 30, 2026.

Industry Context

StockSavvy.ai notes that executive stock awards are a common practice in the utility sector, aligning management incentives with long-term company performance and shareholder interests. Such awards are typically tied to specific operational or financial goals, reflecting a standard approach to executive compensation within the energy industry.

Comparison to Industry Standards

• The award of goal-based shares is consistent with executive compensation practices observed at peer utilities such as NextEra Energy (NEE) and Duke Energy (DUK), where performance-based equity grants are a significant component of executive pay packages.
• The deferral of share receipt by the executive is also a common strategy among senior leaders in the industry, often utilized for tax planning and to demonstrate a sustained commitment to the company's future.

Stakeholder Impact

• Shareholders: The award reflects the achievement of performance goals, which could be viewed positively as it indicates effective executive performance. However, it also represents a form of dilution, though typically accounted for in compensation planning.
• Employees: May view this as a positive sign of executive performance and a well-structured compensation program.
• Management: Eric Carr's beneficial ownership increases, further aligning his interests with the company's long-term success.

Next Steps

• The awarded shares will be held in deferred status under the Dominion Energy, Inc. Deferred Compensation Plan.

Key Dates

Keywords

Dominion Energy, D, Eric Carr, Form 4, Insider Transaction, Executive Compensation, Stock Award, Goal-based Shares, Deferred Compensation, Common Stock