Form 4: Dominion Energy Director Hagood D Maybank Reports Acquisition of Shares

Director Hagood D Maybank reports acquiring 3,258 shares of Dominion Energy common stock at $51.41 per share.

Summary

• On May 7, 2024, Hagood D Maybank, a director of Dominion Energy, Inc., acquired 3,258 shares of common stock at a price of $51.41 per share.
• The acquisition increased Maybank's direct holdings to 3,707.3758 shares and indirect holdings (through a company trust) to 16,835.413 shares.
• The transaction was part of the annual stock retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan and is exempt under Rule 16(b)-3.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction under a compensation plan, with a potential positive signal from the director's increased stake in the company.

Positives

• The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Director share acquisitions are common and closely watched as indicators of management's sentiment about the company's prospects. This transaction is part of a pre-existing compensation plan.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates