Form 4: Entergy Corp Executive Phillip R May Jr. Reports Stock Disposals
SEC Form 4 Filing
Phillip R May Jr., an officer of Entergy Corp, reported disposing of common stock to cover tax obligations, resulting in a decrease in his direct holdings.
Summary
- Phillip R May Jr., an officer of Entergy Corp, filed a Form 4 detailing changes in beneficial ownership of Entergy Corp stock.
- On January 25, 2025, Mr. May disposed of 350 shares of common stock at a price of $82.52.
- On January 26, 2025, Mr. May disposed of 327 shares of common stock at a price of $82.52.
- These transactions were related to tax obligations.
- Following these transactions, Mr. May directly owns 37,511 shares of Entergy Corp common stock and indirectly owns 17,716 shares through a 401(k).
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a common and expected practice.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposals by an officer could have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial condition.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Disposal of 350 shares of common stock at $82.52. |
| 01/26/2025 | Disposal of 327 shares of common stock at $82.52. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
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