Form 4: Dominion Energy SVP, Controller & Chief Accountant Reports Acquisition of Common Stock

Michele L. Cardiff, SVP, Controller & Chief Accountant of Dominion Energy, reports acquiring 2,578 shares of common stock and holding a total of 26,486.8742 shares directly and 2,438.3984 indirectly.

Summary

• On February 26, 2024, Michele L. Cardiff, SVP, Controller & Chief Accountant of Dominion Energy, acquired 2,578 shares of Dominion Energy common stock.
• The shares were acquired at a price of $0.00 per share.
• Following the transaction, Cardiff directly owns 26,486.8742 shares of Dominion Energy common stock.
• Cardiff also indirectly owns 2,314.3984 shares through the Employee Savings Plan and 124 shares jointly with a spouse.
• A Power of Attorney was executed on February 27, 2024, granting certain individuals the authority to act on Cardiff's behalf for SEC filings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The acquisition of shares by an officer is mildly positive, but not significantly so.

Positives

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

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates changes in beneficial ownership by a key executive at Dominion Energy.

Comparison to Industry Standards

• Form 4 filings are standard practice for all publicly traded companies in the United States, as mandated by the SEC.
• The information disclosed in this filing is consistent with the type of information disclosed by executives at comparable companies such as Duke Energy, Southern Company, and NextEra Energy.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates confidence from a company executive.

Key Dates