Form 4: Entergy Corp Executive Marcus V. Brown Reports Acquisition of Shares and Stock Options

EVP & General Counsel of Entergy Corp, Marcus V. Brown, reports acquiring 3,948 shares of common stock and 18,111 employee stock options on February 6, 2025.

Summary

• Marcus V. Brown, EVP & General Counsel of Entergy Corp, filed a Form 4 on February 10, 2025, reporting changes in beneficial ownership.
• On February 6, 2025, Brown acquired 3,948 shares of Entergy Corp common stock.
• These shares are subject to forfeiture, lapsing in three equal annual installments starting February 6, 2026.
• Brown also acquired 18,111 employee stock options with an exercise price of $82.79 on the same date.
• These options vest in three equal annual installments beginning February 6, 2026, and expire on February 6, 2035.
• Following these transactions, Brown directly owns 53,930 shares of common stock and indirectly owns 1,430 shares through a 401(k).
• Brown also directly owns 18,111 employee stock options.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock and option acquisition. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.

Stakeholder Impact

• The acquisition of shares and options by a key executive could be viewed positively by shareholders, indicating confidence in the company's future performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Common Stock, Entergy Corp, Acquisition, Executive, Reporting Person