Form 4: Entergy Director Karen Puckett Reports Stock Acquisitions

Director Karen Puckett reports acquiring common stock and phantom stock units in Entergy Corporation through the Director Stock Program and Service Recognition Program.

Summary

• Karen Puckett, a director of Entergy Corporation, filed a Form 4 on June 4, 2024, reporting changes in beneficial ownership.
• On May 31, 2024, Puckett acquired 195 shares of common stock under Entergy Corporation's Director Stock Program at $0.
• Additionally, on the same day, she acquired 712 phantom stock units under Entergy Corporation's Service Recognition Program, also at $0.
• Following these transactions, Puckett beneficially owns 14,372 shares of common stock directly and 15,084 shares of common stock including phantom stock units.
• The phantom stock units are vested at the time of grant and will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally viewed favorably. There are no indications of negative events or concerns.

Positives

• The acquisition of stock and phantom stock units demonstrates the director's continued investment and alignment with the company's long-term success.

Future Outlook

The phantom stock units will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders, signaling confidence in the company's future.

Key Dates