Burbank John R 4
4 · ENTERGY CORP /DE/ · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Entergy (ETR) Director John R. Burbank Receives 1,079-Unit Award
What Happened
John R. Burbank, a director of Entergy Corporation (ETR), was granted a total of 1,079 units on 2026-06-01: 858 shares of common stock (acquired at $0.00) plus 221 derivative phantom stock units (acquired at $0.00). These were awarded under Entergy’s director compensation programs (reporting code A, award/grant). No cash changed hands — these are compensation grants, not purchases or sales.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely).
- Grants: 858 shares @ $0.00 (direct stock units); 221 phantom/derivative units @ $0.00. Total units granted = 1,079.
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes:
- F1: The 221 phantom stock units are part of the Service Recognition Program, are vested at grant, and are the economic equivalent of one share each; they will be settled in Entergy common stock after the director leaves the Board.
- F2: The 858-unit grant is a quarterly deferred director stock award (Director Stock Program); each unit equals one share economically and will be paid in cash at the end of the reporting person’s chosen deferral period.
- Transaction type: Award/Grant (A). No 10b5-1 plan or tax-withholding sale indicated.
Context
These grants are routine director compensation and do not indicate an open-market purchase or sale. Phantom/derivative units represent future economic exposure and may be settled in shares later; deferred equity units will be distributed in cash per the director’s deferral elections.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+858→ 17,777 total - Award
Equity Units
[F2]2026-06-01+221→ 5,612 total→ Common Stock (221 underlying)
Footnotes (2)
- [F1]Reflects phantom stock units acquired under Entergy Corporation's Service Recognition Program and each phantom stock unit is the economic equivalent of one share of Entergy common stock. The phantom stock units are vested at the time of grant and will be settled in shares of Entergy common stock after separation of service from Entergy's Board of Directors.
- [F2]Quarterly grant of shares of Entergy Corporation common stock granted pursuant to Entergy's Director Stock Program deferred as equity units. Each unit is the economic equivalent of one share of Entergy common stock and at the end of the deferral period selected by the reporting person, the units will be distributed in cash.