Entergy Corp Officer David C. Borde Files Initial Statement of Beneficial Ownership

Initial Statement of Beneficial Ownership (Form 3) Analysis

Executive Overview: David C. Borde filed an initial Form 3 statement of beneficial ownership as a designated Section 16 officer of Entergy Corporation ($ETR), effective as of October 5, 2026.

Reported Beneficial Holdings:

• Direct Common Stock: 8,815 shares
• Indirect Common Stock (401(k)): 4,950 shares
• Total Underlying Common Stock: 13,765 shares

Derivative Securities (Stock Options): Mr. Borde holds 19,280 employee stock options (Right to Buy) across five separate annual grant tranches:

1. 984 options at an exercise price of $54.80, expiring January 27, 2032.
2. 5,012 options at an exercise price of $54.24, expiring January 26, 2033.
3. 7,138 options at an exercise price of $49.54, expiring January 25, 2034.
4. 3,356 options at an exercise price of $82.79, expiring February 6, 2035.
5. 2,790 options at an exercise price of $96.03, expiring January 29, 2036.

Market Assessment: This filing represents an administrative initial disclosure of preexisting ownership following designation as a Section 16 officer. As no open-market transactions took place, the trading significance is rated as Low.