Ellis Brian W 4

What Happened

• Brian W. Ellis, a director of Entergy Corporation (ETR), was granted a total of 1,079 stock-related units on 2026-06-01: 858 phantom stock units under the Service Recognition Program and 221 units under the Director Stock Program. Each unit is the economic equivalent of one share. The grants were recorded at $0.00 per unit (award, not a purchase), so no cash was exchanged.

Key Details

• Transaction date: 2026-06-01 (Form 4 filed 2026-06-02).
• Grants: 858 phantom stock units (Service Recognition Program) + 221 units (Director Stock Program) = 1,079 units total.
• Price: $0.00 per unit (award/grant).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 — the 858 phantom units are vested at grant and are economic equivalents of one share; they will be settled in Entergy common stock after Ellis departs the Board. F2 — 221 units were granted under the Director Stock Program.
• Filing timeliness: No late filing flagged; report covers 2026-06-01 and was filed 2026-06-02.

Context

• These awards are director compensation (phantom units and director stock program credits), not open-market purchases or sales. Phantom stock units are typically settled in shares (or equivalent value) upon separation and do not indicate an immediate buy or sell of stock. Such grants are routine for board service and should be viewed as compensation rather than a direct signal of insider market sentiment.