Form 4: Entergy Corp Officer Deanna D. Rodriguez Reports Stock Transactions
SEC Form 4 Filing
Deanna D. Rodriguez, an officer of Entergy Corp, reported the acquisition and disposal of company stock and stock options following a recent stock split.
Summary
- Deanna D. Rodriguez, an officer at Entergy Corp, filed a Form 4 detailing her transactions in company stock.
- On December 13, 2024, Rodriguez acquired 3,964 shares of common stock at $54.80 per share and 2,124 shares at $54.24 per share.
- She also disposed of 6,088 shares at $73.94 per share.
- These transactions occurred after a 2-for-1 stock split on December 12, 2024, which adjusted the share balances and option prices.
- Rodriguez also exercised stock options, acquiring 2,124 options at $54.24 and 3,964 options at $54.80.
- Following these transactions, Rodriguez directly owns 3,952 shares and indirectly owns 8,233 shares through a 401(k) plan.
- She also holds 4,252 and 1,984 stock options.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, which is common practice in publicly traded companies. It provides transparency into the trading activities of insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
- Similar filings are made by officers and directors of companies like NextEra Energy (NEE), Southern Company (SO), and Duke Energy (DUK), all of which are major players in the utilities sector.
- The transactions reported are typical for executives who receive stock options and restricted stock as part of their compensation packages.
- The timing of the transactions following a stock split is also a common occurrence, as it allows executives to adjust their holdings accordingly.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the trading activity of company insiders.
- The stock split may have a positive impact on shareholders by making the stock more accessible to a wider range of investors.
Key Dates
| Date | Description |
|---|---|
| 01/27/2022 | Date stock options were granted to the reporting person. |
| 01/26/2023 | Date stock options were granted to the reporting person. |
| 01/27/2023 | First date stock options granted on January 27, 2022 became exercisable. |
| 01/26/2024 | First date stock options granted on January 26, 2023 became exercisable. |
| 12/12/2024 | Effective date of the 2-for-1 forward stock split. |
| 12/13/2024 | Date of stock and stock option transactions. |
| 12/16/2024 | Date the Form 4 was signed. |
| 01/26/2033 | Expiration date of stock options granted on January 26, 2023. |
| 01/27/2032 | Expiration date of stock options granted on January 27, 2022. |
Keywords
Form 4, stock transactions, stock options, beneficial ownership, Entergy Corp, insider trading, stock split
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