Reagan Ronald R 4

What Happened
Reagan Ronald R, EVP, Engineering, Construction & ISC at NextEra Energy (NEE), received a mix of equity awards on February 12, 2026 and had 4,229 shares withheld/disposed to satisfy tax withholding obligations (3,661 shares at $91.93 = $336,556 on Feb 12; 568 shares at $93.80 = $53,278 on Feb 15; total ≈ $389,834). The filing also shows a grant of options (derivative award) covering 8,992 shares and additional restricted/performance shares credited (e.g., 1,319 and 9,306 shares in settlement of awards, plus smaller restricted stock/phantom credits).

Key Details

• Transaction dates: awards/settlements dated Feb 12, 2026; tax-withholding dispositions on Feb 12 and Feb 15, 2026. Form 4 filed Feb 17, 2026.
• Tax-withholding disposals: 3,661 shares @ $91.93 (disposed) = $336,556; 568 shares @ $93.80 (disposed) = $53,278; total ≈ $389,834. These were withholding events (code F), not open-market sales.
• Awards/grants (code A): performance share settlements and restricted stock credited on Feb 12 totaling several thousand shares (e.g., 1,319 and 9,306 shares reported). Derivative grant: options covering 8,992 shares were granted.
• Vesting/exercise details: Options (8,992 shares) become exercisable in three substantially equal annual installments beginning Feb 15, 2027 (per footnote).
• Notable footnotes: awards made under the Issuer’s Long Term Incentive Plan and exempt under Rule 16b-3; stock withheld to satisfy tax withholding on performance and restricted share vestings; an annual credit of phantom SMCA shares was recorded (payable in cash at termination).
• Shares owned after the transactions: not specified in the provided excerpt.
• Timeliness: Filing dated Feb 17, 2026 covers Feb 12 and Feb 15 transactions; the Feb 12 items were reported more than two business days after the transaction and thus were filed late.

Context

• The disposals were tax-withholding events (code F) tied to award settlement and restricted stock vesting — these are routine administrative withholdings rather than discretionary open-market sales.
• The option grant is a typical long-term incentive; options are not immediately exercisable (vesting begins Feb 15, 2027).
• Awards granted under Rule 16b-3 are exempt from short-swing profit recovery provisions.