Form 4: Entergy Corp Director Stuart L. Levenick Reports Changes in Beneficial Ownership

Director Stuart L. Levenick reports acquisition of Entergy Corp common stock and phantom stock units through director and service recognition programs.

Summary

• On May 31, 2024, Stuart L. Levenick, a director of Entergy Corp, reported changes in beneficial ownership.
• He acquired 195 shares of common stock under Entergy Corporation's Director Stock Program at $0.
• He also acquired 712 phantom stock units under Entergy Corporation's Service Recognition Program at $0.
• Following these transactions, Levenick beneficially owns 21,577 shares of common stock.
• The phantom stock units are vested at the time of grant and will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through stock and phantom stock unit acquisitions, indicating confidence in the company's future.

Positives

• The acquisition of stock and phantom stock units demonstrates the director's continued investment and alignment with 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

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is common in publicly traded companies. It reflects standard compensation and incentive programs for board members.

Comparison to Industry Standards

• Director stock programs and service recognition programs are common compensation practices among publicly traded companies, particularly in the energy sector.
• Companies like Duke Energy, Southern Company, and Exelon also utilize similar stock-based compensation plans for their directors to align their interests with shareholders.

Stakeholder Impact

• The transactions signal to shareholders that the director's interests are aligned with theirs, potentially boosting investor confidence.

Key Dates