Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 652

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 652
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aries IX (established January 2021) to which company contributions are made.  The participating Entergy subsidiary makes matching contributions to these defined contribution plans for all eligible participating employees in an amount equal to 100% of the participants’ basic contributions, up to 5% of their eligible earnings per pay period.  Eligible participants may also receive a discretionary annual company contribution up to 4% of the participant’s eligible earnings (subject to vesting).Entergy’s subsidiaries’ contributions to defined contribution plans collectively were $72.3 million in 2024, $65.1 million in 2023, and $62.1 million in 2022.  The majority of the contributions were to the System Savings Plan.The Registrant Subsidiaries’ 2024, 2023, and 2022 contributions to defined contribution plans for their employees were as follows:YearEntergy ArkansasEntergy LouisianaEntergy MississippiEntergy New OrleansEntergy Texas (In Thousands)2024$6,822 $8,784 $4,048 $1,584 $3,907 2023$5,866 $7,757 $3,534 $1,383 $3,380 2022$5,124 $7,138 $3,194 $1,223 $2,938 

NOTE 12.  STOCK-BASED COMPENSATION (Entergy Corporation)

Entergy grants stock options, restricted stock, performance units, and restricted stock units to key employees of the Entergy subsidiaries under its equity plans which are shareholder-approved stock-based compensation plans.  The cost of the stock-based compensation is charged to income over the vesting period.  Awards under Entergy’s plans generally vest over three years.  Entergy accounts for forfeitures of stock-based compensation when they occur.  Entergy recognizes all income tax effects related to share-based payments through the income statement.  Historical share and share-based data presented herein for share-based compensation has been retroactively adjusted to reflect the two-for-one forward stock split of Entergy Corporation common stock effective December 12, 2024.  See Note 7 to the financial statements for discussion of the stock split.Effective May 3, 2019, Entergy’s shareholders approved the 2019 Omnibus Incentive Plan (2019 Plan).  The maximum number of common shares that can be issued from the 2019 Plan for