Form 4: Dominion Energy Executive Sells Shares for Tax Obligations

Dominion Energy's EVP, CAPO, and Corporate Secretary, Carlos M. Brown, disposed of 2,023 shares of common stock to cover tax withholding obligations related to restricted stock vesting.

Summary

• Carlos M. Brown, Executive Vice President, Chief Administrative Officer (CAPO), and Corporate Secretary of Dominion Energy, Inc. (D), reported a transaction.
• On February 1, 2026, Mr. Brown disposed of 2,023 shares of Dominion Energy Common Stock.
• The shares were disposed of at a price of $60.17 per share.
• This transaction was coded 'F', indicating shares used to satisfy tax withholding obligations.
• The tax obligations were associated with the vesting of restricted stock granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• Following the transaction, Mr. Brown beneficially owns 53,484.0138 shares directly, 2,177.0036 shares indirectly through an Employee Savings Plan, and 28 shares indirectly via Joint Tenancy.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a mandatory sale to cover tax obligations related to restricted stock vesting, not a discretionary sale indicating a change in management's confidence or company performance.

Industry Context

StockSavvy.ai notes that transactions of this nature, where executives sell shares to cover tax withholding obligations upon the vesting of restricted stock, are a routine and common occurrence across all industries for companies that utilize equity compensation plans.

Comparison to Industry Standards

• This type of transaction is a standard practice for managing tax liabilities associated with equity compensation, aligning with common corporate governance and compensation practices observed in major U.S. corporations like Duke Energy, NextEra Energy, and Southern Company, which also grant restricted stock to executives.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.

Key Dates

Keywords

Dominion Energy, D, Carlos M Brown, Insider Transaction, Form 4, SEC Filing, Stock Sale, Tax Withholding, Restricted Stock, Equity Compensation