Form 4: Entergy Officer Reports Performance Unit Settlement
Insider Transaction Report
An Entergy officer reported the settlement of long-term performance units and subsequent sale of shares for tax obligations.
Summary
- Eliécer Viamontes, an officer of Entergy Corp, reported transactions involving the company's common stock.
- On January 15, 2026, Viamontes acquired 7,974 shares of common stock at a price of $0, stemming from the settlement of long-term performance units under the 2019 Entergy Corporation Omnibus Incentive Plan.
- Following this acquisition, Viamontes' direct beneficial ownership increased to 15,084 shares.
- On the same date, Viamontes disposed of 3,229 shares of common stock at a price of $95.67 per share.
- This disposition was made to satisfy tax withholding obligations related to the settlement of the performance units.
- After the disposition, Viamontes' direct beneficial ownership of common stock was 11,855 shares.
- Viamontes also holds indirect beneficial ownership of 2,875 shares through a 401(k) Plan and 2,896 shares through a spouse.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the vesting of performance units and subsequent sale for tax purposes, which is a neutral event for the company's operational or financial performance.
Positives
- The officer received 7,974 shares of common stock as a settlement of long-term performance units, indicating successful vesting of incentive compensation under the 2019 Entergy Corporation Omnibus Incentive Plan.
Negatives
- The officer disposed of 3,229 shares of common stock at $95.67 per share to satisfy tax withholding obligations related to the performance unit settlement, which represents a reduction in direct beneficial ownership.
Industry Context
This filing is a routine insider transaction report for an executive receiving and settling equity-based compensation, common across publicly traded companies in all industries, including the utilities sector.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, pre-scheduled insider transaction related to executive compensation, not indicative of a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 01/15/2026 | Date of acquisition of common stock from performance unit settlement and disposition of common stock for tax withholding. |
| 01/20/2026 | Date the Form 4 was signed by power of attorney. |
Keywords
Entergy, ETR, Form 4, Insider Transaction, Performance Units, Stock Compensation, Executive Compensation, Common Stock
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