Form 4: Entergy Corp Executive Peter S Norgeot Jr. Reports Stock Disposal
SEC Form 4 Filing
EVP & Chief Operating Officer of Entergy Corp, Peter S Norgeot Jr., disposed of 484 shares of common stock on January 27, 2025, to cover tax obligations.
Summary
- Peter S Norgeot Jr., an Executive Vice President & Chief Operating Officer at Entergy Corp, reported a transaction involving the company's common stock.
- On January 27, 2025, Norgeot disposed of 484 shares of common stock at a price of $78.79 per share.
- This transaction resulted in Norgeot owning 82,320 shares of Entergy Corp common stock following the reported transaction.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider transaction. The sentiment is neutral as it doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock disposal transaction |
| 01/29/2025 | Date of signature on the report |
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