Form 4: Entergy Corp Executive Sells Shares to Cover Tax Obligations

Reginald T. Jackson, SVP & Chief Accounting Officer at Entergy Corp, sold company stock to cover tax obligations related to vesting shares.

Summary

• Reginald T. Jackson, a Senior Vice President and Chief Accounting Officer at Entergy Corp, sold a total of 388 shares of common stock.
• The sales occurred on January 25, 2025, and January 26, 2025.
• The shares were sold at a price of $82.52 per share.
• These transactions were made to cover tax obligations related to the vesting of shares.
• Following these transactions, Mr. Jackson directly owns 7,106 shares and indirectly owns 1,591 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes and does not indicate any positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. This filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Executive stock sales are a common practice across publicly traded companies, particularly around vesting periods.
• Form 4 filings are standard procedure for reporting insider transactions, ensuring transparency in the market.
• The sale of shares to cover tax obligations is a typical reason for such transactions, aligning with common compensation practices.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.

Key Dates

Keywords

Entergy Corp, Reginald T. Jackson, stock sale, insider trading, Form 4, tax obligations, executive compensation