Brown Carlos M 4
Research Summary
AI-generated summary
Dominion Energy (D) EVP Carlos Brown Withholds 2,023 Shares for Taxes
What Happened Carlos M. Brown, an EVP, Chief Administrative & People Officer (CAPO) and Corporate Secretary at Dominion Energy, had 2,023 shares (valued at $60.17 each, total ~$121,724) disposed on 2026-02-01 to satisfy tax withholding obligations tied to the vesting of restricted stock. This was a tax-withholding action (code F), not an open-market sale of shares for cash.
Key Details
- Transaction date and price: 2026-02-01 — 2,023 shares at $60.17 each; total value ~$121,724.
- Transaction type: F (payment of tax liability / shares withheld to satisfy taxes on vested RSUs).
- Footnote: Shares were used to satisfy tax withholding associated with vesting of restricted stock granted under the Dominion Energy, Inc. 2014 Incentive Compensation Plan; transaction treated as exempt under Rule 16(b)-3.
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing: Form 4 filed 2026-02-03 reporting the 2026-02-01 event; this appears to be filed within the typical reporting window.
Context Share withholding to cover taxes on vested restricted stock is a routine administrative action and does not necessarily indicate insider sentiment about the stock—unlike open-market sales. This was not a cashless exercise or a market sale; the company withheld shares to cover the tax bill arising from an award vesting.