Brown Marcus V 4

What Happened

• Marcus V. Brown, Executive Legal Advisor to the CEO of Entergy Corp (ETR), disposed of 873 shares on Jan 26, 2026.
• The shares were recorded at $94.97 each for a total value of about $82,909. The transaction is coded “F” — payment of exercise price or tax liability — meaning shares were surrendered to cover tax or exercise obligations rather than sold on the open market.

Key Details

• Transaction date: 2026-01-26; Filing date: 2026-01-28 (filed within the typical Form 4 window).
• Price per share: $94.97; Total value: ~$82,909.
• Transaction code: F (payment of exercise price or tax liability).
• Disposal type: shares surrendered/withheld (not an open-market sale).
• Shares owned after the transaction: not specified in the provided filing details.
• No indication in the filing that this was part of a 10b5-1 plan or that the filing was late.

Context

• Code F transactions commonly occur when an insider exercises stock options or when restricted shares vest and shares are withheld to satisfy taxes — this is effectively a cashless withholding, not a market sale.
• Such withholding transactions are routine and generally do not by themselves signal a change in the insider’s view of the company.