Form 4: Dominion Energy EVP Carlos M. Brown Reports Stock Transaction

Carlos M. Brown, EVP, CLO and Corporate Secretary of Dominion Energy, reports disposition of shares to cover tax obligations.

Summary

• On February 1, 2025, Carlos M. Brown, EVP, CLO and Corporate Secretary of Dominion Energy, disposed of 1,211 shares of common stock at a price of $55.59.
• This transaction was to satisfy tax withholding obligations associated with the vesting of restricted stock granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• Following the transaction, Brown directly owns 38,416.0138 shares of Dominion Energy common stock.
• Brown also indirectly owns 2,077.1659 shares through a Trustee of Employee Savings Plan and 28 shares through Joint Tenancy.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations. It's a standard procedure and doesn't indicate any significant positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations related to vested stock awards, a common practice.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Dominion Energy, Carlos M. Brown, Form 4, Stock Transaction, Beneficial Ownership, Executive Compensation, Tax Withholding, Incentive Compensation Plan