Form 4: Dominion Energy Executive Acquires Shares Under Incentive Plan

William Keller Kissam, President of Dominion Energy South Carolina, reports acquisition of company stock under the 2024 Incentive Compensation Plan.

Summary

• On February 14, 2025, William Keller Kissam, President of Dominion Energy South Carolina, acquired 2,699 shares of Dominion Energy common stock.
• The acquisition was made under the Dominion Energy, Inc. 2024 Incentive Compensation Plan.
• The shares were acquired at a price of $0.00 per share.
• Following the transaction, Mr. Kissam directly owns 20,062 shares of Dominion Energy common stock.
• Mr. Kissam also indirectly owns 16,749.2916 shares through the Employee Savings Plan.
• A Power of Attorney was executed on February 11, 2025, granting certain individuals the authority to file SEC documents on Mr. Kissam's behalf.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing related to executive stock ownership. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Dominion Energy.

Comparison to Industry Standards

• Executive compensation plans and stock ownership are standard practice among publicly traded companies.
• Companies like Duke Energy, Southern Company, and NextEra Energy also have similar executive compensation plans that include stock awards.
• These plans are designed to align executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

Dominion Energy, William Keller Kissam, stock acquisition, Form 4, incentive compensation plan, beneficial ownership, SEC filing, power of attorney