May James Michael 4
4 · NEXTERA ENERGY INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
NextEra Energy (NEE) Treasurer James May Receives Awards; Shares Withheld
What Happened
James (Michael) May, Treasurer and Assistant Secretary of NextEra Energy (NEE), received several equity awards on Feb 12, 2026 and had shares withheld to cover tax obligations. Key items: 4,773 restricted shares (grant), 3,290 shares settled from performance awards, and derivative credits including 484 phantom shares to a supplemental account and options covering 9,836 shares (becoming exercisable in future). To satisfy withholding, 801 shares were surrendered at ~$91.93 each ($73,636) and 1,044 shares were surrendered at $93.80 each ($97,927), a total of 1,845 shares withheld ($171,563).
Key Details
- Transaction dates: Feb 12, 2026 (major awards/settlings) and Feb 15, 2026 (tax withholding of 1,044 shares).
- Prices/values: 801 shares withheld @ $91.93 = $73,636; 1,044 shares withheld @ $93.80 = $97,927; awards reported at $0.00 (typical for grants/settlements).
- Awards and exemptions: Restricted stock grant (F1) and settlement of performance share awards (F2) — both reported as exempt under Rule 16b‑3. Tax withholding on performance shares (F3) and on restricted stock vesting (F4). Phantom SMCA credit to SERP (F5). Stock options covering 9,836 shares become exercisable in three roughly equal annual installments starting Feb 15, 2027 (F6).
- Shares owned after the transactions: Not specified in the provided data from the filing.
- Filing timeliness: Form 4 was filed Feb 17, 2026 for transactions dated Feb 12–15, 2026. For the Feb 12 transactions the 2‑business‑day Form 4 deadline would have been Feb 16 (Mon), so the filing appears to have been submitted one business day later.
Context
These transactions are mostly routine equity compensation actions: grants/settlements of restricted and performance shares, a credit to a supplemental account, and the recording of future option vesting. The “dispositions” reported here are not open‑market sales but shares withheld by the company to meet tax withholding obligations (transaction code F). The options reported are not exercised now; they simply become exercisable in future years per the stated schedule.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-12+4,773→ 32,435 total - Award
Common Stock
[F2]2026-02-12+3,290→ 35,725 total - Tax Payment
Common Stock
[F3]2026-02-12$91.93/sh−801$73,636→ 34,924 total - Tax Payment
Common Stock
[F4]2026-02-15$93.80/sh−1,044$97,927→ 33,880 total - Award
Phantom Shares
[F5]2026-02-12+484→ 1,881 total→ Common Stock (0 underlying) - Award
Employee Stock Option (Right to Buy)
[F6]2026-02-12+9,836→ 9,836 totalExercise: $91.93Exp: 2036-02-12→ Common Stock (9,836 underlying)
- 1,744(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 9,836 shares become exercisable in three substantially equal annual installments beginning on February 15, 2027.