RIGBY JOSEPH M 4
Research Summary
AI-generated summary
Dominion Energy (D) Director Joseph Rigby Receives 3,273-Share Award
What Happened
- Joseph M. Rigby, a non-employee director of Dominion Energy, received an award of 3,273 shares on May 5, 2026. The reported acquisition price per share was $62.95, for a total value of approximately $206,035.
- The transaction is coded "A" (award/grant) and represents shares credited as director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Filing date: 2026-05-07 (filed within the Form 4 two-business-day window).
- Price reported: $62.95 per share; Total value: ~$206,035.
- Shares acquired: 3,273 shares. Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — these are additional stock units credited for the annual stock retainer and annual cash retainer under the Dominion Energy, Inc. Non‑Employee Directors Compensation Plan; transaction exempt under Rule 16b‑3.
- Remarks: "poa_rigby.txt" noted on the filing (power-of-attorney related remark).
Context
- This is a routine director compensation grant, a common non‑cash way companies pay non‑employee directors. Such awards are generally administrative and do not necessarily signal the director’s personal buying or selling intent.
- Because this is an award (not a sale or option exercise), it should be viewed primarily as routine compensation rather than a market sentiment indicator.