Sieving Charles E 4

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.