Form 4: Entergy Corp CEO Andrew Marsh Sells Shares to Cover Tax Obligations

Entergy Corp's CEO, Andrew S. Marsh, sold a total of 8,078 shares of common stock to cover tax obligations related to vesting of stock awards.

Summary

• Andrew S. Marsh, the Chair and CEO of Entergy Corp, has reported the sale of company stock.
• On January 25, 2025, he sold 4,396 shares of common stock at a price of $82.52 per share.
• On January 26, 2025, he sold an additional 3,682 shares of common stock, also at $82.52 per share.
• These transactions were made to cover tax obligations associated with the vesting of stock awards.
• Following these sales, Mr. Marsh directly owns 347,652 shares of Entergy Corp common stock.
• He also indirectly owns 2,333 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock sales by an executive to cover tax obligations, which is a neutral event.

Industry Context

This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any change in the company's performance or outlook.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• Similar transactions are regularly reported by executives at comparable utility companies such as Duke Energy, Southern Company, and NextEra Energy.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on shareholders as they are routine transactions.

Key Dates

Keywords

Entergy Corp, Andrew S. Marsh, stock sale, insider trading, Form 4, CEO, tax obligations, share transaction