Lemasney Mark 4

What Happened

• Mark Lemasney, EVP of the Power Generation Division at NextEra Energy (NEE), had shares withheld to satisfy tax obligations and received multiple equity awards on Feb 12, 2026 (and a small withholding on Feb 15, 2026). Specifically, 1,237 shares were withheld at $91.93 each ($113,717) and 206 shares were withheld at $93.80 each ($19,323), for total withholding proceeds of $133,040. At the same time he was credited/awarded: 5,082 performance shares (settlement), 806 restricted shares, an award of 5,493 options (derivative), and 358 derivative shares/credits (SMCA). Awarded shares/options were granted at no cash cost to the insider and most awards are exempt under Rule 16b-3.

Key Details

• Transaction dates & prices:
  • Feb 12, 2026: Awarded 5,082 performance shares (acquired at $0.00), 806 restricted shares (acquired at $0.00), 358 derivative credit, and grant of 5,493 options (derivative).
  • Feb 12, 2026: 1,237 shares withheld at $91.93 to satisfy tax liability (disposed) = $113,717.
  • Feb 15, 2026: 206 shares withheld at $93.80 to satisfy tax liability (disposed) = $19,323.
• Total shares withheld/disposed for tax: 1,443 shares; total value ≈ $133,040.
• Footnotes of note:
  • Awards granted under NextEra’s LTIP and exempt under Rule 16b-3 (restricted and performance shares).
  • Withheld shares satisfied tax withholding on settled performance and vesting restricted shares (i.e., company withholding, not open‑market sales).
  • 358 derivative credits reflect an annual SMCA (Supplemental Matching Contribution Account) credit (payable in cash upon termination).
  • 5,493 option grant vests/exercises: become exercisable in three substantially equal annual installments beginning Feb 15, 2027.
• Shares owned after the transactions: not disclosed in the provided data.
• Filing timeliness: Transactions reported for Feb 12, 2026; Form 4 filed Feb 17, 2026 — appears to have been filed late by one business day.

Context

• The withheld shares were used to satisfy tax liabilities (company withholding), not sales on the open market — these are routine administrative dispositions, not directional insider selling.
• The option grant is a future exercisable award (vesting in annual installments beginning 2/15/2027), not an immediate exercise or sale.
• Awards and withholdings are common components of executive compensation and do not, by themselves, imply a change in the insider’s view of the company’s prospects.