Form 4: Entergy Corp Officer Executes Stock Options and Sells Shares
SEC Form 4 Filing
An Entergy Corp officer, Jason Chapman, exercised stock options and sold shares on November 25, 2024, according to a recent SEC Form 4 filing.
Summary
- Jason Chapman, an officer of Entergy Corp, engaged in multiple transactions involving the company's stock on November 25, 2024.
- Chapman exercised options to acquire 3,767 shares at $95.87 and 2,401 shares at $109.59.
- He then sold 7,168 shares at a weighted average price of $152.61, with individual transactions ranging from $152.38 to $152.67.
- Following these transactions, Chapman directly owns 9,613 shares of Entergy common stock.
- The transactions also involved the exercise of employee stock options granted in previous years.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for publicly traded companies. It provides transparency into the trading activities of company officers.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for all publicly traded companies in the United States.
- The transactions are typical for executives who receive stock options as part of their compensation.
- The weighted average sale price of $152.61 is within the range of recent trading prices for Entergy stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.
- The sale of shares by an officer could be perceived as a slight negative signal, but it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 01/28/2021 | Date of grant for some of the employee stock options exercised. |
| 01/27/2022 | Date of grant for some of the employee stock options exercised. |
| 11/25/2024 | Date of the stock option exercises and share sales. |
| 11/26/2024 | Date the SEC Form 4 was signed. |
| 01/27/2025 | Date when the remaining 1,201 options from the 2022 grant become exercisable. |
| 01/28/2031 | Expiration date for some of the employee stock options exercised. |
| 01/27/2032 | Expiration date for some of the employee stock options exercised. |
Keywords
Entergy Corp, stock options, SEC Form 4, insider trading, equity transactions, share sale, officer transactions
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