Form 4: Dominion Energy Officer Sells Shares for Tax Obligations

Dominion Energy's VP, Controller and CAO, Gary G. Ratliff, disposed of 218 shares of common stock to cover tax withholding obligations related to restricted stock vesting.

Summary

• Gary G. Ratliff, VP, Controller and CAO of Dominion Energy, Inc., reported a transaction on October 1, 2025.
• He disposed of 218 shares of Dominion Energy common stock at a price of $60.9 per share.
• This disposition was to satisfy tax withholding obligations arising from the vesting of restricted stock.
• The restricted stock was granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan.
• Following this transaction, Ratliff beneficially owns 7,226 shares of common stock directly.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes related to equity compensation vesting. It does not indicate a change in management's view of the company or significant financial events.

Positives

• The transaction indicates the vesting of restricted stock, a form of equity compensation for the executive.
• It is a routine, non-discretionary transaction for tax purposes, not a discretionary sale by the insider.

Negatives

• A reduction in the direct beneficial ownership of common stock by an officer, although for a specific, non-discretionary reason.

Future Outlook

No specific future outlook or guidance is provided in this insider transaction report.

Industry Context

This is a routine insider transaction for tax purposes, a common occurrence across all industries for executives receiving equity compensation. It does not reflect broader industry trends or specific company performance beyond the standard operation of an incentive compensation plan.

Comparison to Industry Standards

• The disposition of shares to cover tax withholding upon restricted stock vesting is a standard and widely accepted practice for executives across various industries receiving equity-based compensation. It aligns with typical corporate governance and compensation structures.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale indicating a change in confidence or company fundamentals.
• Management: Reflects standard equity compensation practices and compliance with tax obligations for executive compensation.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by an officer to cover tax withholding obligations upon restricted stock vesting. Such transactions are common and do not typically signal a change in the company's fundamentals or management's outlook. Therefore, it provides no new information to warrant a change from a 'hold' recommendation.

Keywords

Dominion Energy, D, Gary G. Ratliff, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Restricted Stock, Officer Transaction