Form 4: Entergy Corp CEO Andrew Marsh Executes Stock Options and Sells Shares Under 10b5-1 Plan

Entergy Corp's Chair and CEO, Andrew S. Marsh, exercised stock options and sold shares of common stock on August 30, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On August 30, 2024, Andrew S. Marsh, Chair and CEO of Entergy Corp, executed stock options to acquire 19,200 shares of Entergy common stock at a price of $89.90 per share.
• Simultaneously, Marsh sold 19,200 shares of Entergy common stock at a weighted average price of $120.35 per share, with individual transactions ranging from $120.00 to $120.87.
• These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 6, 2024.
• Following these transactions, Marsh directly owns 150,731 shares of Entergy common stock and indirectly owns 1,147 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions under a pre-existing plan. It doesn't convey any specific positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook. Executives often use 10b5-1 plans to diversify their holdings and avoid accusations of trading on inside information.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the trades mitigates any significant concerns.

Key Dates