# EDGAR Filing Document

**Accession Number:** 0000715957
**File Stem:** 0001193125-23-034141
**Filing Date:** 2023-2
**Character Count:** 6478
**Document Hash:** 750f4accfbf1471f85bbe5cc7f16f3a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-034141.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001193125-23-034141

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230209

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DOMINION ENERGY, INC
- **CENTRAL INDEX KEY:** 0000715957
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 541229715
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08489
- **FILM NUMBER:** 23614640

**BUSINESS ADDRESS:**
- **STREET 1:** 120 TREDEGAR STREET
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23219
- **BUSINESS PHONE:** 8048192000

**MAIL ADDRESS:**
- **STREET 1:** P. O. BOX 26532
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23261

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DOMINION ENERGY INC /VA/
- **DATE OF NAME CHANGE:** 20170515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DOMINION RESOURCES INC /VA/
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="utf-8" ? 8-K

------

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

### FORM 8-K

------

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): February 9, 2023

------

## Dominion Energy, Inc.

#### (Exact name of Registrant as Specified in Its Charter)

------

---

| | | |
|:---|:---|:---|
| **Virginia** | **001-08489** | **54-1229715** |
| **(State or Other Jurisdiction**<br> **of Incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

---

| | |
|:---|:---|
| **120 Tredegar Street**<br> **Richmond, Virginia** | **23219** |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

#### Registrant's Telephone Number, Including Area Code: (804) 819-2000

#### (Former Name or Former Address, if Changed Since Last Report)

------

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instructions A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange<br>on which registered** |
| Common Stock, no par value | D | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

---

| | |
|:---|:---|
| **Item 5.02** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**  |

---

#### Modifications to 2023 Long-Term Incentive Program for the Chair, President and Chief Executive Officer
On February 9, 2023, the Dominion Energy, Inc. ("Dominion Energy") Compensation and Talent Development Committee (the "CTD Committee") approved certain modifications to its 2023 Long-Term Incentive Program (the "Program") for Dominion Energy's Chair, President and Chief Executive Officer (the "CEO"). These modifications were approved to more closely align CEO compensation with long-term share price performance, consistent with the objectives of the current strategic business review.

The Program as originally approved by the CTD Committee was comprised of a time-vested restricted stock award and a cash performance award (comprising 40% and 60% of the total target Program value, respectively). In the modified Program, the restricted stock award has been replaced with a performance share award; the sole performance metric for this award is relative total shareholder return ("TSR") over a three-year period, with relative TSR performance at the 65<sup>th</sup> percentile required for an at-target payout. Payout of this performance share award will be between 0% and 125% of target. The cash performance award portion of the original award has also been modified to eliminate the opportunity for the CEO to earn a portion of the payout based on relative price-earnings ratio.

With these modifications, 100% of the CEO's 2023 Program awards are performance-based, and the percentage of the total target Program value that is based on relative TSR has increased from 30% to 70%. The performance awards provided under the modified Program each have a three-year performance period ending December 31, 2025, with payment made by March 15, 2026.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits**  |

---

---

| | |
|:---|:---|
| Exhibits |  |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
|  | **DOMINION ENERGY, INC.** |
|  | **Registrant** |
| By: | /s/ Carter M. Reid |
|  | Carter M. Reid |
|  | Executive Vice President,<br> Chief of Staff and Corporate Secretary and<br> President – Dominion Energy Services |

---

Date: February 10, 2023