4Filed Sep 14, 8:00 PM ET

Entergy (ETR) Officer Viamontes Exercises Options, Sells 9,068 Shares

$ETR · ENTERGY CORP /DE/

Research Summary

AI-generated summary of this SEC filing

Updated

Entergy (ETR) Officer Viamontes Exercises Options, Sells 9,068 Shares

What Happened
Officer Eliecer Viamontes exercised multiple option tranches on Sept 14, 2026 and sold 9,068 shares in an open-market transaction the same day. The exercises resulted in newly acquired shares from three option exercises: 2,616 shares at $54.24 (cost $141,892), 2,824 shares at $49.54 (cost $139,901), and 1,488 shares at $82.79 (cost $123,192) — total exercise cash paid ≈ $404,985. The open-market sale of 9,068 shares generated net proceeds of about $942,437 (weighted average sale price ≈ $103.93; sales ranged $103.90–$103.96 as per footnote).

Key Details

  • Transaction date: 2026-09-14; Form 4 filed 2026-09-15 (filed the next day, within standard 2-business-day window).
  • Sales: 9,068 shares sold in the open market at a weighted avg ≈ $103.93; total proceeds ≈ $942,437 (see footnote F1 for the price range and breakdown).
  • Exercises (acquisitions): 2,616 @ $54.24 ($141,892), 2,824 @ $49.54 ($139,901), 1,488 @ $82.79 ($123,192); total exercise cost ≈ $404,985.
  • Derivative entries: the filing also reports corresponding derivative "Disposed" lines at $0.00 — these reflect the conversion/exercise of option interests (reported as dispositions of the derivative instrument).
  • Shares owned after transaction: not specified in the provided summary of the filing.
  • Relevant footnotes: F1 (weighted average sale price range); F2/F3 (small adjustments from dividend reinvestment and a 923-share spouse transfer into a joint account); F4–F6 (option grant dates and vesting: grants on 1/25/2024, 1/26/2023, and 2/6/2025, each vesting in three equal annual installments starting one year after grant).

Context
This is an options exercise combined with an immediate/near-immediate sale of shares — a common pattern when insiders exercise vested options and sell shares (often to cover exercise costs, taxes, or to monetize gains). The filings show the options were granted in prior years and were subject to standard multi-year vesting schedules (see F4–F6). No 10% owner or gift reporting is indicated; the filing appears timely.