Form 4: Dominion Energy Director Receives Annual Stock Retainer
Statement of Changes in Beneficial Ownership
Director D. Maybank Hagood acquired 2,820 shares of Dominion Energy common stock as part of an annual director compensation plan.
Summary
- Director D. Maybank Hagood was granted 2,820 shares of common stock on May 5, 2026.
- The shares were issued as an annual stock retainer under the Dominion Energy, Inc. Non-Employee Directors Compensation Plan.
- The transaction was valued at $62.95 per share.
- Following this transaction, the director's direct beneficial ownership increased to 5,885.8406 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company strategy or financial outlook.
Positives
- The acquisition reflects alignment between the director and shareholders through equity ownership.
- The transaction is a standard, recurring component of the company's director compensation program.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that annual equity grants to non-employee directors are a standard corporate governance practice in the utility sector to ensure board members maintain a vested interest in long-term company performance.
Comparison to Industry Standards
- The use of equity-based retainers is consistent with compensation structures at peer utility companies such as Duke Energy and Southern Company.
- The transaction follows standard SEC Rule 16(b)-3 exemptions for director compensation plans.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | D. Maybank Hagood authorized specific company personnel to act as attorneys-in-fact for SEC filing purposes. | 06/20/2025 | Administrative update to facilitate regulatory compliance. |
Stakeholder Impact
- Minimal impact; reflects standard director compensation practices.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of Power of Attorney execution. |
| 05/05/2026 | Date of the reported stock acquisition transaction. |
| 05/07/2026 | Date of filing. |
Keywords
Dominion Energy, D, Director Compensation, Insider Transaction, Form 4, Equity Retainer
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