secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY TEXAS, INC. (ETI-P)
CIK:        0001427437
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0000065984-21-000297
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy Texas sells 150k shares of 5.10% Series B Preferred to affiliate for $3.75M
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- Sold 150,000 shares of 5.10% Series B Preferred Stock to affiliate for $3,750,000 total ($25/share liquidation value).
- Series B carries 5.10% cumulative dividend; redeemable at $25.50 before Nov 2026, $25.00 thereafter.
- Issuance exempt under Section 4(a)(2) as private placement.
- Resolution filed with Texas Secretary of State establishing terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1427437/000006598421000297/0000065984-21-000297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1427437/000006598421000297/etr-20211109.htm
  HTML page:      https://secwatch.observer/filing/0000065984-21-000297

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer