secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY CORP /DE/ (ETR)
CIK:        0000065984
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001193125-25-057702
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy enters into forward sale agreements for 15.6M shares of common stock at $81.87 initial forward price
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- Entered forward sale agreements with Morgan Stanley, BofA, JPMorgan, Mizuho for 15,568,863 shares.
- Initial forward price $81.87175/share; settlement by Sept 30, 2026 at company's election.
- Closed offering on March 19, 2025; shares borrowed from third parties and sold to underwriters.
- Settlement options: physical, cash, or net shares; potential dilution if physically settled.
- Forward price adjusted daily based on overnight bank funding rate minus 0.75% spread.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65984/000119312525057702/0001193125-25-057702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65984/000119312525057702/d891263d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-057702

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