Form 4: NextEra Energy Executive Robert Coffey Reports Stock Transaction
SEC Form 4 Filing
Robert Coffey, EVP, Nuclear Div & CNO of NextEra Energy, reports a transaction involving common stock due to tax obligations.
Summary
- Robert Coffey, an executive at NextEra Energy, filed a Form 4 with the SEC.
- The filing reports a transaction on July 22, 2024, where 165 shares of common stock were disposed of at a price of $72.9.
- This disposal was due to the withholding of restricted stock by NextEra Energy to satisfy tax obligations on the vesting of restricted stock granted on July 22, 2021.
- Following the transaction, Coffey directly owns 22,654 shares of common stock.
- Coffey also indirectly owns 50 shares through his wife and 16,294 shares through a Retirement Savings Plan Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/22/2021 | Date of restricted stock grant. |
| 07/22/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 07/23/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.