Form 4: Dominion Energy Executive Sells Shares for Tax

Dominion Energy's SVP, Chief Legal & HR Officer, Regina J Elbert, is scheduled to dispose of 717 shares of common stock to cover tax withholding obligations related to restricted stock vesting.

Summary

• Regina J Elbert, SVP, Chief Legal & HR Officer, and Director at Dominion Energy, Inc. (D), reported a scheduled transaction.
• On February 1, 2026, 717 shares of Dominion Energy Common Stock are scheduled to be disposed of at a price of $60.17 per share.
• This disposal is intended to satisfy tax withholding obligations associated with the vesting of restricted stock granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• The transaction is considered exempt under Rule 16(b)-3.
• Following this scheduled transaction, Ms. Elbert will directly own 22,210.5797 shares and indirectly own 652.3323 shares through an Employee Savings Plan Trustee.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine, non-discretionary transaction for tax purposes, which typically has a neutral impact on market sentiment.

Positives

• The underlying event is the vesting of restricted stock, indicating the executive met performance or tenure requirements, which is a positive for the executive's compensation.

Negatives

• A reduction in the direct share ownership by an insider, even if for tax purposes.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales for tax withholding are common and generally not indicative of a change in management's outlook on the company's prospects, especially when tied to restricted stock vesting. This is a routine event in executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, routine transaction related to executive compensation.
• Employees: No direct impact beyond the executive involved in the transaction.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax liabilities associated with restricted stock vesting. Such transactions are common and generally do not reflect a change in the executive's confidence in the company's future or warrant a shift in investment strategy.

Keywords

Dominion Energy, D, Form 4, insider transaction, stock sale, executive compensation, restricted stock, tax withholding