May Phillip R Jr 4

What Happened
Phillip R. May Jr, an officer of Entergy Corp (ETR), had 350 shares withheld/disposed to satisfy a tax liability tied to an equity award/option exercise. The shares were valued at $93.19 each, totaling $32,617. This was a withholding-for-taxes disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-25; Filing date: 2026-01-27 (Form 4 filed within the typical 2‑business‑day window).
• Shares withheld/disposed: 350 shares at $93.19 per share; total value $32,617.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication this was part of a 10b5-1 plan in the information provided.

Context
This was a routine tax-withholding disposition associated with exercising equity (a cashless/withholding settlement), meaning shares were surrendered to cover tax obligations rather than sold on the open market. Such withholding transactions are common and generally do not signal a personal view on the company’s stock.