FREDERICKSON PHILIP L 4

What Happened
Philip L. Frederickson, a director of Entergy Corporation (ETR), received two awards on 2026-06-01: 858 phantom stock units and 221 director stock units (total 1,079 units). Each was reported at an acquisition price of $0.00, so the reported cash cost at grant is $0. These grants were reported as Award/Grant (code A).

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
• Grant details: 858 units (Service Recognition Program, F1) and 221 units (Director Stock Program, F2) — total 1,079 units.
• Price/value at grant: $0.00 per unit; total cash paid at grant = $0.
• Vesting/settlement: Footnote F1 states the phantom stock units are vested at grant and are the economic equivalent of one share each; they will be settled in Entergy common stock after separation from the Board.
• Holdings note: Footnote F3 references 102 shares acquired via Entergy’s dividend reinvestment plan (DRIP). The filing’s detailed post-transaction share total isn’t shown here.
• Filing status: Not indicated as late — reported the next day.

Context
These are compensation awards to a board director (routine corporate governance compensation), not open-market purchases or sales. Phantom stock units give the economic exposure of shares and will convert to actual shares upon a later settlement condition (here, separation from Board service). Such awards are common and don’t necessarily signal the director’s near-term trading intent.