Form 4: Entergy CEO Marsh Reports Significant Stock Transactions

Entergy's Chair and CEO, Andrew S. Marsh, reported the acquisition of 123,558 shares from performance unit settlement and the disposition of 51,231 shares for tax purposes.

Summary

• Andrew S. Marsh, Chair and CEO of Entergy Corp, reported transactions on January 15, 2026, involving the company's common stock.
• Marsh acquired 123,558 shares of common stock at a price of $0.00 per share, resulting from the settlement of long-term performance units issued under the 2019 Entergy Corporation Omnibus Incentive Plan.
• He disposed of 51,231 shares of common stock at a price of $95.67 per share, which is typically for tax withholding related to the performance unit settlement.
• Following these transactions, Marsh directly beneficially owns 440,671 shares of common stock.
• An additional 2,382 shares are indirectly beneficially owned through a 401(k) plan.
• The direct beneficial ownership total includes 1,373 shares of Entergy common stock acquired through the dividend reinvestment feature of Entergy's equity ownership plans.

Sentiment

Score: 6

Explanation: The filing reports the settlement of long-term performance units, indicating the achievement of company goals, and a significant acquisition of shares by the CEO, partially offset by a tax-related disposition. This suggests positive performance and continued executive alignment with shareholder interests.

Positives

• The settlement of 123,558 long-term performance units indicates the achievement of performance targets under the 2019 Entergy Corporation Omnibus Incentive Plan.
• The acquisition of shares at $0.00 reflects compensation, increasing the CEO's direct equity stake in the company and aligning executive interests with shareholder value.
• The inclusion of 1,373 shares from dividend reinvestment demonstrates continued long-term investment and confidence in the company by the CEO.

Negatives

• The disposition of 51,231 shares, although likely for tax withholding purposes, represents a reduction in the CEO's direct shareholding.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The acquisition of 123,558 shares resulted from the settlement of long-term performance units issued under the 2019 Entergy Corporation Omnibus Incentive Plan, representing executive compensation.

Stakeholder Impact

• Shareholders: The CEO's increased direct ownership (post-compensation, pre-tax sale) aligns executive interests with shareholder value. The tax-related sale is a routine event and not indicative of a lack of confidence.
• Employees: The settlement of performance units may signal a healthy compensation structure tied to company performance, potentially boosting morale.

Key Dates

Keywords

Entergy, ETR, Andrew Marsh, CEO, Form 4, insider transaction, stock acquisition, stock disposition, performance units, executive compensation, utility sector