Form 4: NextEra CAO withholds shares for RS tax

NextEra Energy VP, Controller & CAO William J. Gough had 79 shares withheld at $83.88 for taxes on a restricted stock vesting and now holds 7,620 shares directly and 237 indirectly.

Summary

• William John Gough (VP, Controller & CAO of NextEra Energy, NEE) reported a tax withholding transaction tied to a restricted stock vesting on 2025-11-17.
• Transaction code F indicates 79 shares of common stock were withheld by the issuer to satisfy tax obligations; price reported was $83.88 per share.
• Post-transaction direct beneficial ownership stands at 7,620 shares.
• Indirect beneficial ownership includes 237 shares held via the Retirement Savings Plan Trust.
• The restricted stock subject to tax withholding was granted on 2024-11-15.
• The filing was executed by Attorney-in-Fact David Flechner on 2025-11-18.

Sentiment

Score: 5

Explanation: Neutral administrative transaction; no signal on fundamentals or outlook.

Positives

• No open-market sale; shares were withheld solely to cover taxes on a restricted stock vesting (non-discretionary).
• Direct ownership remains sizable at 7,620 shares after the withholding.
• Ongoing transparency of insider holdings and compliance with Section 16 reporting timelines.

Negatives

• Slight reduction of direct holdings by 79 shares due to tax withholding (administrative, not an economic sale).

Future Outlook

No forward-looking statements or guidance are provided.

Management Comments

• Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted November 15, 2024.

Industry Context

Routine insider tax-withholding transactions on RS/RSU vestings are common across large-cap utilities and are typically non-indicative of an executive’s view on the company’s prospects.

Comparison to Industry Standards

• Consistent with standard Section 16 practices at U.S. utilities (e.g., Duke Energy, Southern Company) where code F transactions reflect non-discretionary share withholding for taxes.
• No open-market sale aligns with common administrative handling of equity award vestings among S&P 500 peers.

Stakeholder Impact

• No material impact to shareholders; transaction is administrative for tax compliance.
• Employees and plan participants unaffected; indirect holdings remain in the Retirement Savings Plan Trust.
• Creditors and customers unaffected.

Next Steps

• No further actions disclosed.

Key Dates

Keywords

NextEra Energy, NEE, Form 4, insider transaction, restricted stock, tax withholding, beneficial ownership, William John Gough, executive officer, utility sector