Baine Edward H 4
Research Summary
AI-generated summary
Dominion Energy EVP Edward Baine Sells 1,315 Shares
What Happened Edward H. Baine, Executive Vice President — Utility Operations and President — DEV at Dominion Energy (D), had 1,315 shares disposed on February 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $60.17 each, for a total of approximately $79,124. This was a withholding disposition related to RSU vesting (routine), not an open-market sale intended as a market-timing trade.
Key Details
- Transaction date: 2026-02-01
- Transaction type: Tax withholding to satisfy tax liability on vested restricted stock (code F)
- Shares disposed: 1,315 at $60.17 per share — total ~$79,124
- Footnote: Shares withheld were used to satisfy tax withholding tied to RSUs granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan; transaction reported as exempt under Rule 16(b)-3
- Shares owned after transaction: Not disclosed in the Form 4 filing
- Filing timeliness: No late-filing indication in the reported filing
Context This was a cashless withholding of shares to cover taxes on vested restricted stock — a common, routine corporate compensation action that does not necessarily signal insider sentiment. For investors, purchases are generally more informative about insider conviction than routine withholding disposals.