KETCHUM JOHN W 4

What Happened

• John W. Ketchum, Chairman, President & CEO of NextEra Energy (NEE), exercised stock options and immediately sold the resulting shares on Feb 9, 2026.
• He exercised options to acquire 75,068 shares (strike $27.92, cost $2,095,748) and 24,535 shares (strike $31.71, cost $778,128) — 99,603 shares acquired for a total cost of $2,873,876. He then sold those shares in open-market transactions: 75,068 shares for $6,706,575 and 24,535 shares for $2,191,957, producing total gross proceeds of $8,898,532. The filing shows matching derivative lines (disposed at $0) reflecting the options converted on exercise.

Key Details

• Transaction date: Feb 9, 2026. Sale price: $89.34 per share. Exercise prices: $27.92 and $31.71.
• Total shares involved: 99,603; total exercise cost reported $2,873,876; total sale proceeds reported $8,898,532; implied net proceeds ≈ $6,024,656.
• Transactions were executed pursuant to a Rule 10b5‑1 trading plan adopted by Ketchum on Aug 7, 2025 (footnotes F1, F2).
• Option background: the 75,068‑share option became exercisable in three annual installments beginning Feb 12, 2016 (F3); the 24,535‑share option became exercisable in three annual installments beginning Feb 17, 2017 (F4).
• Shares owned after the reported transactions are not included in the extracted data provided here.
• Filing: Form 4 was filed Feb 10, 2026 for Feb 9 transactions (appears timely under SEC Form 4 rules).

Context

• This was an exercise of previously granted options followed by immediate open‑market sales — a common pattern (often described as a cashless exercise) that converts option holdings into cash. Because trades were made under a pre‑existing 10b5‑1 plan, they were scheduled in advance rather than ad hoc insider sales.
• The filing is factual; it does not indicate the insider’s motivation or future outlook.