Form 4: Entergy Corp CEO Andrew Marsh Reports Changes in Beneficial Ownership
SEC Filing
Entergy Corp's CEO, Andrew Marsh, filed a Form 4 indicating changes in his beneficial ownership of company stock due to the disposition of shares to cover tax obligations.
Summary
- On January 27, 2025, Andrew Marsh, the Chair and CEO of Entergy Corp, reported a transaction involving common stock.
- The transaction involved the disposition of 1,281 shares of common stock at a price of $78.79 per share to satisfy tax obligations.
- Following the transaction, Marsh directly owns 346,371 shares of Entergy Corp common stock.
- Marsh also indirectly owns 2,333 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of the stock transaction (disposition of shares). |
| 01/29/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.