Earnings Feed
Start Free
NEXTERA ENERGY INC·4

Feb 17, 4:35 PM ET

May James Michael 4

Research Summary

AI-generated summary

Updated

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.