Dunne Michael 4

What Happened

• Michael Dunne, EVP, Finance & CFO of NextEra Energy (NEE), received a mix of equity awards on Feb 12, 2026 (restricted stock, performance-share settlements, a small phantom-share credit, and an option grant). To satisfy tax withholding obligations, 9,873 shares were withheld/disposed: 5,485 shares on Feb 12 at $91.93 ($504,236) and 4,388 shares on Feb 15 at $93.80 ($411,594), totaling ~$915,830.
• Awards received (acquired at $0): 4,819 shares (restricted stock), 13,941 shares (performance share settlement). Derivative/other credits: 523 phantom shares (SMCA) and an option grant covering 32,853 shares (derivative).

Key Details

• Transaction dates/prices: Feb 12, 2026 (5,485 shares withheld @ $91.93, $504,236); Feb 15, 2026 (4,388 shares withheld @ $93.80, $411,594). Award grants dated Feb 12, 2026.
• Transaction codes: A = award/grant; F = shares withheld/paid to satisfy tax withholding (not an open-market sale for investment purposes).
• Notable footnotes: awards under NextEra’s LTIP and performance plans; phantom-share credit to an unfunded Supplemental Matching Contribution Account (SMCA) valued using $80.28 (2025 close); option grant for 32,853 shares vests in three substantially equal annual installments beginning Feb 15, 2027.
• Shares owned after transaction: total beneficial ownership not provided in the supplied data (Form 4 Table II was referenced but not included here).
• Filing timing: Form 4 was filed Feb 17, 2026 reporting Feb 12/15 transactions; filing appears to be timely.

Context

• The disposals reported (code F) reflect shares withheld by the company to cover tax obligations on vested awards — a routine administrative action rather than an open-market sale signaling a trading decision.
• The 32,853-share item is an option grant (derivative) that does not vest immediately; options become exercisable beginning Feb 15, 2027 in three annual installments. The 523 phantom shares are an SMCA credit payable in cash upon termination, not immediate stock.