Form 4: Dominion Energy Director Acquires Stock Units
Statement of Changes in Beneficial Ownership
Director Joseph M. Rigby acquired 3,273 stock units as part of the Dominion Energy, Inc. Non-Employee Directors Compensation Plan.
Summary
- Director Joseph M. Rigby received 3,273 stock units on May 5, 2026.
- The acquisition was part of the annual stock and cash retainer under the company's Non-Employee Directors Compensation Plan.
- The transaction was valued at $62.95 per unit.
- Following this transaction, the director holds 36,194.3387 units in a company trust and 9,209.0064 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
- Director demonstrates alignment with shareholder interests through the acquisition of additional equity.
- The transaction is 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 long-term commitment to the issuer.
Comparison to Industry Standards
- The transaction aligns with standard compensation practices for S&P 500 utility companies.
- The use of a company trust for director holdings is consistent with common executive compensation structures.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Joseph M. Rigby granted power of attorney to company representatives for SEC filing purposes. | 2025-06-20 | Facilitates efficient and timely regulatory compliance for future filings. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 2025-06-20 | Date of Power of Attorney execution. |
| 2026-05-05 | Date of the reported stock unit acquisition. |
| 2026-05-07 | Date of filing. |
Keywords
Dominion Energy, Director Compensation, Insider Transaction, Form 4, Equity Ownership
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