Form 4: Entergy Director Stuart Levenick Increases Stake Through Stock Programs

Entergy Corporation Director Stuart L. Levenick acquired additional common stock and phantom stock units through the company's compensation programs, increasing his beneficial ownership.

Summary

• Stuart L. Levenick, a Director of Entergy Corporation, acquired 279 shares of common stock on June 2, 2025, under the Entergy Corporation's Director Stock Program.
• Additionally, Mr. Levenick acquired 1,023 phantom stock units on June 2, 2025, through Entergy Corporation's Service Recognition Program.
• Each phantom stock unit is economically equivalent to one share of Entergy common stock and vests at the time of grant, with settlement in shares occurring after separation from Entergy's Board of Directors.
• Following these transactions, Mr. Levenick's direct beneficial ownership of Entergy common stock and phantom stock units totals 45,403 units.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates an increase in insider ownership, aligning the director's interests with shareholders, albeit through compensation rather than open market purchases. There are no negative aspects reported.

Positives

• Increased insider ownership by a director, which can signal confidence in the company's future prospects.
• Acquisition of shares and phantom units through established company compensation programs, indicating alignment of director interests with shareholders.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on insider ownership changes.

Industry Context

This Form 4 filing details a routine insider transaction for Entergy Corporation, a major U.S. utility company. Such filings are standard disclosures for public companies and reflect compensation practices for directors, rather than broader industry trends or competitive positioning.

Related Party Transactions

• Acquisition of 279 shares of common stock by Director Stuart L. Levenick under Entergy Corporation's Director Stock Program.
• Acquisition of 1,023 phantom stock units by Director Stuart L. Levenick under Entergy Corporation's Service Recognition Program.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to higher beneficial ownership, potentially signaling confidence in the company.

Next Steps

• Phantom stock units acquired will be settled in shares of Entergy common stock after Stuart L. Levenick's separation of service from Entergy's Board of Directors.

Key Dates

Keywords

Entergy Corporation, ETR, Stuart L. Levenick, Form 4, Insider Trading, Beneficial Ownership, Director Stock Program, Phantom Stock Units, Compensation