CAMAREN JAMES LAWRENCE 4
Research Summary
AI-generated summary
NextEra (NEE) Director Camaren James Lawrence Receives Phantom Stock Award
What Happened
Camaren James Lawrence, a director of NextEra Energy, was credited with 218 phantom stock units (transaction type: Award/Acquisition) on 2026-03-16. The units were valued at $92.82 each, for a total notional value of about $20,235. This was an award of derivative phantom units under the company's deferred compensation plan, not an open-market purchase of common shares.
Key Details
- Transaction date and price: 2026-03-16; 218 units at $92.82 per unit (closing NYSE price used to value units).
- Transaction code: A (grant/award or other acquisition - derivative).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1 — These are Phantom Stock Units under NextEra’s Deferred Compensation Plan (unfunded theoretical units tied to a stock fund; paid in cash at the end of the deferral period).
- F2 — $92.82 is the NYSE closing price used to value the stock-fund units.
- F3 — Unit counts can vary due to differing cash vs. stock composition in the stock fund.
- Filing timeliness: Report filed 2026-03-17 for a 2026-03-16 transaction (appears timely).
Context
Phantom stock units are a form of deferred compensation that mirror the value of company stock but are typically settled in cash at payout; they do not represent immediate ownership of common shares. Such awards are generally routine compensation for executives and directors and should not be interpreted as an open-market purchase or sale signal.