May Phillip R Jr 4

What Happened Phillip R. May Jr, an officer of Entergy Corp (ETR), surrendered 208 shares on Feb 6, 2026 to satisfy a tax obligation tied to an equity transaction. The shares were recorded at $97.96 each, for a total value of $20,376. This was a tax-withholding disposition (not an open-market sale), a routine administrative step following an option exercise or award vesting.

Key Details

• Transaction date: 2026-02-06; reported on Form 4 filed 2026-02-10 (timely filing).
• Price per share: $97.96; shares surrendered: 208; total value: $20,376.
• Transaction code: F (payment of exercise price or tax liability) — indicates shares were withheld to cover taxes.
• Shares owned after transaction: not disclosed in the filing.
• This is a routine withholding to meet tax obligations, not necessarily a signal about company outlook.

Context Tax-withholding dispositions are common when insiders exercise options or receive restricted stock and the company or insider uses shares to cover required taxes. Such transactions are administrative and differ from open-market sales (S) or purchases (P), which are more informative about trading sentiment.