Form 4: Entergy Corp Director Brian W. Ellis Reports Stock Acquisitions

Director Brian W. Ellis reports acquiring common stock and phantom stock units in Entergy Corp through the Director Stock Program and Service Recognition Program.

Summary

• Brian W. Ellis, a director of Entergy Corp, reported changes in beneficial ownership of the company's securities.
• On May 31, 2024, Ellis acquired 195 shares of common stock under Entergy Corporation's Director Stock Program at $0.
• Additionally, Ellis acquired 712 phantom stock units under Entergy Corporation's Service Recognition Program at $0.
• Following these transactions, Ellis directly owns 5,499 shares of common stock.
• These phantom stock units are vested upon grant and will be settled in Entergy common stock shares after Ellis's service on Entergy's Board of Directors ends.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider investment in the company.

Positives

• The acquisition of stock and phantom stock units demonstrates the director's continued investment in the company.
• The vesting of phantom stock units encourages long-term commitment to the company's success.

Future Outlook

The phantom stock units will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director compensation and ownership.

Key Dates