Daggs Nicole J 4
Research Summary
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NextEra Energy EVP Nicole Daggs Receives Awards; Shares Withheld
What happened
- Nicole J. Daggs, EVP Human Resources & Corporate Services at NextEra Energy (NEE), received multiple equity awards on Feb 12, 2026 and had shares withheld to satisfy tax obligations. She was granted/settled 5,082 non‑derivative shares (2,099 and 2,983) and received 14,837 derivative awards (529 derivative shares and options covering 14,308 shares). To cover tax withholding, 726 shares were surrendered at $91.93 (value $66,741) and 623 shares were surrendered at $93.80 (value $58,437), totaling $125,178 in withheld value.
- The awards include restricted stock/performance share settlements and derivative awards (the 14,308-share option grant vests/exercises in three substantially equal annual installments beginning Feb 15, 2027).
Key details
- Transaction dates and prices:
- Feb 12, 2026: Award/settlement — 2,099 shares @ $0.00; 2,983 shares @ $0.00 (non‑derivative awards).
- Feb 12, 2026: Award — 529 shares (derivative; N/A price).
- Feb 12, 2026: Award — 14,308 derivative (options) @ $0.00 (see vesting schedule).
- Feb 12, 2026: 726 shares withheld for taxes @ $91.93 = $66,741 (disposed).
- Feb 15, 2026: 623 shares withheld for taxes @ $93.80 = $58,437 (disposed).
- Shares owned after the transactions: not specified in this filing.
- Notable footnotes:
- Withholdings were to satisfy tax obligations on performance share settlements and prior restricted stock vesting (footnotes F2–F4).
- The 14,308-share derivative grant are options that vest/exercise in three roughly equal annual installments beginning Feb 15, 2027 (F6).
- A phantom‑share credit to a Supplemental Matching Contribution Account (SMCA) was recorded per the SERP, valued using $80.28 (2025 close) and payable in cash upon termination (F5).
- Timeliness: filing indicates these transactions occurred Feb 12–15, 2026 and the Form 4 was filed Feb 17, 2026 (marked late, "L").
Context
- The awards are grants/settlements (not open‑market purchases) and the apparent disposals are company withholding of shares to satisfy tax obligations — a routine administrative action rather than an open‑market sale.
- The derivative award (options) is subject to future vesting and does not represent immediate owned common shares until exercised.