FONTAN KIMBERLY A. 4

What Happened Kimberly A. Fontan, Chief Financial Officer of Entergy Corp (ETR), had 1,138 shares withheld to satisfy tax liabilities tied to equity compensation. The shares were valued at $93.19 each, for a total value of $106,050. This was a tax-withholding disposition (transaction code F), a routine administrative action rather than an open-market purchase or voluntary sale.

Key Details

• Transaction date: 2026-01-25
• Filing (Form 4) date: 2026-01-27 (filed within the typical two-business-day window)
• Shares withheld/disposed: 1,138 at $93.19 per share — total $106,050
• Transaction code: F (payment of exercise price or tax liability) — indicates shares were used to cover taxes
• Shares owned after transaction: Not specified in the provided filing excerpt
• No 10b5-1 plan or other special instructions noted in the provided details

Context Tax-withholding dispositions are common when equity awards vest or options are exercised and do not necessarily signal the insider’s view on the company. Often shares are surrendered or withheld to cover tax obligations (a form of cashless settlement), so this is typically administrative rather than a market-driven sale. Retail investors should focus more on net purchases or open-market sales for stronger signals.