Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 657

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 657
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 the award based on the selected credit measure will be adjusted based on the number of units that ultimately vest.The following table includes information about the long-term performance units outstanding at the target level as of December 31, 2024: SharesWeighted-Average Grant Date Fair Value Per ShareOutstanding shares at January 1, 2024962,002 $60.56Granted404,760 $59.03Vested(432,804)$53.88Forfeited(47,356)$63.99Outstanding shares at December 31, 2024886,602 $62.94

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

The following table includes financial information for the long-term performance units for each of the years presented: 202420232022 (In Millions)Compensation expense included in Entergy’s consolidated net income$12.0$11.1 $16.0 Tax benefit recognized in Entergy’s consolidated net income$3.1$2.8 $4.1 Compensation cost capitalized as part of fixed assets and materials and supplies$5.7$5.2 $6.7 The total fair value of the long-term performance units granted was $24 million, $20 million, and $35 million for the years ended December 31, 2024, 2023, and 2022, respectively.In January 2024, Entergy issued 432,804 shares of Entergy Corporation common stock at a share price of $49.43 for awards earned and dividends accrued under the 2021-2023 Long-Term Performance Unit Program.  In January 2023, Entergy issued 76,300 shares of Entergy Corporation common stock at a share price of $53.80 for awards earned and dividends accrued under the 2020-2022 Long-Term Performance Unit Program.  In January 2022, Entergy issued 448,668 shares of Entergy Corporation common stock at a share price of $55.18 for awards earned and dividends accrued under the 2019-2021 Long-Term Performance Unit Program.Restricted Stock Unit AwardsEntergy grants restricted stock unit awards earned under its stock benefit plans in the form of stock units that are subject to time-based restrictions.  The restricted stock units may be settled in shares of Entergy Corporation common stock or the cash value of shares of Entergy Corporation common stock at the time of