FALSTAD DANIEL T. 4
Research Summary
AI-generated summary
Entergy (ETR) SVP Daniel T. Falstad Receives Stock Award
What Happened
Daniel T. Falstad, Senior Vice President, General Counsel & SEC at Entergy Corp (ETR), received equity awards on January 29, 2026. The filing shows two grants: 2,651 shares granted at $0.00 (restricted shares subject to forfeiture) and 10,691 derivative awards granted at $0.00 (option-type awards). Both grants were awarded (transaction code A) — no cash changed hands; these are compensation awards rather than open-market purchases or sales.
Key Details
- Transaction date: January 29, 2026; Form 4 filed February 2, 2026 (filed within the typical 2-business-day window).
- Grants: 2,651 restricted shares @ $0.00 (acquired); 10,691 derivative/option awards @ $0.00 (acquired). Total awards granted = 13,342 units.
- Footnote F1: The 2,651 shares are subject to forfeiture; vesting/risk-of-forfeiture lapses in three equal annual installments beginning January 29, 2027.
- Footnote F2: The derivative/option awards vest and become exercisable in three equal annual installments beginning January 29, 2027.
- Shares owned after the transaction: not specified in the supplied filing data.
- Transaction type: Award/grant (A). No sale, purchase, or cashless exercise reported.
Context
These are routine equity compensation awards to an executive and reflect long-term incentive design (multi-year vesting). Awards recorded at $0 on Form 4 indicate grant awards rather than an open-market purchase price; they will only translate into realized value if/when vesting conditions are met and, for options, if the holder exercises them. Such grants are common for senior executives and do not by themselves indicate a buy or sell market signal.