Form 4: Entergy Officer Plans Future Stock Sale for Tax Obligations

Entergy officer Phillip R. May Jr. has reported a planned disposition of 3,441 common shares at $95.72 each on October 13, 2025, to cover tax withholding obligations.

Summary

• Phillip R. May Jr., an officer of Entergy Corp (ETR), reported a future transaction involving the company's common stock.
• The transaction, scheduled for October 13, 2025, involves the disposition of 3,441 shares of common stock.
• The shares are being disposed of at a price of $95.72 per share.
• This disposition is coded as 'F', indicating it is for the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
• The transaction is made pursuant to a Rule 10b5-1 plan, which allows insiders to set up pre-scheduled trades.
• Following this planned transaction, Phillip R. May Jr. will beneficially own 31,310 shares directly and 18,123 shares indirectly through a 401(k) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider transaction for tax withholding purposes, which is a neutral event and does not indicate a change in company fundamentals or management's confidence.

Future Outlook

The filing indicates a pre-planned disposition of shares in the future (October 2025) under a Rule 10b5-1 plan, primarily for tax withholding purposes related to equity compensation.

Industry Context

This is a routine insider transaction, specifically a pre-planned sale for tax withholding, which is a common practice among executives receiving equity-based compensation across various industries. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, pre-planned transaction for tax purposes and not a discretionary sale indicating a change in management's outlook.

Key Dates

Recommendation

This Form 4 filing details a routine, pre-planned disposition of shares by an officer for tax withholding purposes, scheduled for a future date under a Rule 10b5-1 plan. Such transactions are common for executives receiving equity compensation and typically do not reflect a change in the company's fundamental outlook or the officer's confidence. Therefore, this specific filing does not provide new information that would warrant a change from a 'hold' recommendation based on broader company performance and market conditions.

Keywords

Entergy, ETR, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Phillip R May Jr, Rule 10b5-1