Form 4: Dominion Energy Director Joseph M. Rigby Reports Acquisition of Shares
SEC Form 4 Filing
Director Joseph M. Rigby reports acquiring 3,812 shares of Dominion Energy common stock at $51.41 per share.
Summary
- On May 7, 2024, Joseph M. Rigby, a director of Dominion Energy, Inc., acquired 3,812 shares of common stock at a price of $51.41 per share.
- These shares were added to the director's account as part of the annual stock and cash retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan.
- Following the transaction, Mr. Rigby directly owns 8,487.0624 shares and indirectly owns 26,351.7263 shares through a company trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director's acquisition of shares is a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Directors acquiring company stock is a common practice, often tied to compensation plans. It aligns the director's interests with those of the shareholders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: Joseph M. Rigby acquired Dominion Energy shares. |
| 05/08/2024 | Date of signature: Power of Attorney signed the report. |
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