Restricted stock grant boosts Dominion Energy (NYSE: D) CFO holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ridge Steven D reported acquisition or exercise transactions in this Form 4 filing.
DOMINION ENERGY, INC executive vice president and CFO Steven D. Ridge received a grant of 9,439 shares of common stock on February 25, 2026. These are restricted shares awarded under the Dominion Energy, Inc. 2024 Incentive Compensation Plan in a transaction exempt under Rule 16(b)-3, meaning they are part of equity-based compensation rather than an open-market purchase. After this award, his directly held common stock position increased to 58,675.8379 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ridge Steven D
Role
Exec. Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,439 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,675.838 shares (Direct)
Footnotes (1)
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FAQ
What did Dominion Energy (D) report in this Form 4 filing?
Dominion Energy reported that executive vice president and CFO Steven D. Ridge received 9,439 restricted shares of common stock as equity compensation. The shares were granted under the 2024 Incentive Compensation Plan in a transaction exempt from short-swing profit rules under Rule 16(b)-3.
What does it mean that the Dominion Energy (D) grant is exempt under Rule 16(b)-3?
Being exempt under Rule 16(b)-3 means the restricted stock award qualifies as an approved compensation transaction for insiders. This generally shields the grant from short-swing profit recovery rules, reflecting that it is part of a structured incentive plan, not speculative trading activity by the executive.