Form 4: Entergy Corp Executive Peter S Norgeot Jr. Sells 3,250 Shares of Common Stock
SEC Form 4 Filing
EVP & Chief Operating Officer of Entergy Corp, Peter S Norgeot Jr., disposed of 3,250 shares of common stock at an average price of $122.56 on September 9, 2024.
Summary
- On September 9, 2024, Peter S Norgeot Jr., EVP & Chief Operating Officer of Entergy Corp, sold 3,250 shares of common stock.
- The sale was executed at a weighted average price of $122.56 per share, with individual transactions ranging from $122.52 to $122.57.
- Following the transaction, Norgeot directly owns 34,993 shares of Entergy common stock, which includes shares acquired through dividend reinvestment plans.
- The reporting person has committed to providing full information regarding the number of shares sold at each price within the specified range upon request.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived differently by stakeholders.
- Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction: Peter S Norgeot Jr. sold 3,250 shares of Entergy Corp common stock. |
| 09/10/2024 | Date of report filing. |
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