Sieving Charles E 4
Research Summary
AI-generated summary
NextEra Energy (NEE) EVP Charles Sieving Exercises Options, Sells Shares
What Happened
- Charles E. Sieving, EVP and Chief Legal, Environmental & Federal Regulatory Affairs Officer at NextEra Energy (NEE), exercised 30,000 stock options at $45.65 per share (cost = $1,369,560) on Feb 4, 2026 and sold 30,000 shares in the open market at $90.00 per share for proceeds of $2,700,000. The filing also lists a derivative disposition of 30,000 shares with $0 proceeds (see key details). The transactions were carried out under a pre-established Rule 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-02-04 (filed 2026-02-05, timely)
- Exercise: 30,000 options exercised at $45.65 each (total cost $1,369,560)
- Sale: 30,000 shares sold on open market at $90.00 each (gross proceeds $2,700,000)
- Additional derivative line: 30,000 shares listed as disposed with $0 proceeds (filing does not specify reason)
- Plan notes: Exercises and sales were effected pursuant to a Rule 10b5‑1 plan adopted Feb 5, 2025 (Footnotes F1, F2)
- Vesting note: The option referenced is part of a grant covering 67,100 shares that vested in three substantially equal annual installments beginning Feb 14, 2019 (Footnote F3)
- Shares owned after transaction: not specified in the provided report excerpt
Context
- This appears to be an exercise-and-sale executed under a 10b5‑1 plan (i.e., options were exercised and shares were sold shortly thereafter), a routine way insiders monetize vested options. The filing shows both the option exercise and the open‑market sale; the separate $0 disposal line is noted but not explained in the disclosure.