Gough William John 4
4 · NEXTERA ENERGY INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
NextEra Energy (NEE) VP/Controller William Gough Receives Awards
What Happened
William John Gough, VP, Controller & CAO of NextEra Energy (NEE), received equity awards on Feb 12, 2026 and was subject to share-withholding to cover taxes. He was granted 2,178 restricted shares and 1,622 shares in settlement of performance awards (total 3,800 shares), plus a derivative credit of 41 phantom/SMCA shares and an option award covering 4,486 shares. To satisfy tax withholding, 394 shares were withheld/treated as disposed on Feb 12 at $91.93 ($36,220) and 101 shares were withheld/treated as disposed on Feb 15 at $93.80 ($9,474). The option award (4,486 shares) vests in three substantially equal annual installments beginning Feb 15, 2027.
Key Details
- Transaction dates: awards dated Feb 12, 2026; tax-withholding dispositions Feb 12 and Feb 15, 2026. Form 4 filed Feb 17, 2026.
- Prices/values: 394 shares withheld @ $91.93 = $36,220; 101 shares withheld @ $93.80 = $9,474; other awards reported at $0 acquisition price (usual for restricted/award grants).
- Counts: 3,800 shares received (non-derivative awards), 4,527 derivative items credited (4,486 option award + 41 SMCA phantom shares), 495 shares withheld/disposed for taxes.
- Footnotes: restricted stock grants and performance-share settlements made under NextEra’s LTIP (Rule 16b-3 exemptions). 41 derivative units are annual phantom SMCA credits (cash payable on termination). The 4,486 options vest over three years starting Feb 15, 2027. The filing notes 11 dividend-reinvestment shares included since last report.
- Shares owned after transaction: not disclosed in the provided filing.
- Timeliness: Form 4 was filed Feb 17 for Feb 12 transactions — beyond the typical 2-business-day filing window (i.e., appears late).
Context
These awards are routine compensation actions (restricted stock, performance-share settlement, deferred/phantom credits, and option grants). The withheld/disposed shares were used to cover tax obligations (not an open-market sale for investment reasons). The option grant is not immediately exercisable—vesting begins Feb 15, 2027—so there was no immediate option exercise or cashless sale tied to these awards.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-12+2,178→ 9,798 total - Award
Common Stock
[F2]2026-02-12+1,622→ 11,420 total - Tax Payment
Common Stock
[F3]2026-02-12$91.93/sh−394$36,220→ 11,026 total - Tax Payment
Common Stock
[F4][F5]2026-02-15$93.80/sh−101$9,474→ 10,936 total - Award
Phantom Shares
[F6]2026-02-12+41→ 41 total→ Common Stock (0 underlying) - Award
Employee Stock Option (Right to Buy)
[F7]2026-02-12+4,486→ 4,486 totalExercise: $91.93Exp: 2036-02-12→ Common Stock (4,486 underlying)
- 265(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Restricted stock grant made pursuant to Issuer's 2021 Long Term Incentive Plan, exempt under Rule 16b-3.
- [F2]Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- [F3]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 12, 2026 in settlement of performance share awards.
- [F4]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 28, 2025.
- [F5]Includes a total of 11 dividend reinvestment shares acquired since the last report filed by the reporting person.
- [F6]Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a)certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($80.28 in 2025). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- [F7]Options to buy 4,486 shares become exercisable in three substantially equal annual installments beginning on February 15, 2027.