Sieving Charles E 4
4 · NEXTERA ENERGY INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
NextEra (NEE) EVP Charles Sieving Receives Awards, Withholds Shares
What Happened
- Charles E. Sieving, Executive Vice President and Chief Legal, Environmental & Federal Regulatory Affairs Officer at NextEra Energy (NEE), received equity awards on Feb 12, 2026 and had shares withheld to satisfy tax obligations. Awards included 34,551 performance-share settlements and 4,407 restricted shares, plus derivative awards (30,043 stock options and 2,741 phantom/SMCA credits). To cover taxes, 13,595 shares were surrendered on Feb 12 and 2,035 shares on Feb 15, 2026 (total 15,630 shares), generating proceeds of $1,249,788 and $190,883 respectively (total ~$1.44M). The grant and settlements are reported as acquisitions (code A); the share surrenders to cover taxes are reported as disposals (code F).
Key Details
- Transaction dates and amounts:
- Feb 12, 2026: 34,551 shares settled (performance awards) and 4,407 restricted shares granted (code A; $0 per share reported for grant).
- Feb 12, 2026: 13,595 shares withheld for taxes at $91.93 = $1,249,788 (code F).
- Feb 15, 2026: 2,035 shares withheld for taxes at $93.80 = $190,883 (code F).
- Feb 12, 2026: 2,741 phantom/SMCA credits (derivative; payable in cash upon termination) and 30,043 stock options (derivative) reported as awards.
- Footnotes/plan details:
- Restricted stock and performance share settlements were made under NextEra’s LTIP and are exempt under Rule 16b-3 (routine compensation).
- Stock was withheld by the issuer to satisfy tax withholding (routine; not an open‑market sale).
- The 30,043 stock options become exercisable in three substantially equal annual installments beginning Feb 15, 2027.
- The 2,741 SMCA phantom shares reflect an annual SERP credit valued using the 2025 closing price ($80.28) and are payable in cash after termination.
- Shares owned after the transactions: not specified in the provided excerpt.
- Filing timeliness: Form 4 was filed Feb 17, 2026; filing falls within the standard two-business-day window given the Feb 16 federal holiday.
Context
- These transactions are primarily compensation-related awards and routine tax withholdings, not open-market selling or purchases. The withheld shares (code F) are a common method for satisfying tax obligations on vested awards and do not necessarily indicate a change in insider sentiment. The options reported are derivative awards that vest in future installments and were not exercised into shares at this time.
Insider Transaction Report
Form 4
Sieving Charles E
EVP, Chief LegalOther
Transactions
- Award
Common Stock
[F1]2026-02-12+4,407→ 171,888 total - Award
Common Stock
[F2]2026-02-12+34,551→ 206,439 total - Tax Payment
Common Stock
[F3]2026-02-12$91.93/sh−13,595$1,249,788→ 192,844 total - Tax Payment
Common Stock
[F4]2026-02-15$93.80/sh−2,035$190,883→ 190,809 total - Award
Phantom Shares
[F5]2026-02-12+2,741→ 37,123 total→ Common Stock (0 underlying) - Award
Employee Stock Option (Right to Buy)
[F6]2026-02-12+30,043→ 30,043 totalExercise: $91.93Exp: 2036-02-12→ Common Stock (30,043 underlying)
Holdings
- 10,728(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Restricted stock grant made pursuant to Issuer's 2021 Long Term Incentive Plan, exempt under Rule 16b-3.
- [F2]Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- [F3]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 12, 2026 in settlement of performance share awards.
- [F4]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 16, 2023, February 15, 2024 and February 13, 2025.
- [F5]Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($80.28 in 2025). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- [F6]Options to buy 30,043 shares become exercisable in three substantially equal annual installments beginning on February 15, 2027.
Signature
David Flechner (Attorney-in-Fact)|2026-02-17