Insider Trading February 11, 2026

NextEra CEO Executes $8.89 Million Stock Sale, Exercises Options Under 10b5-1 Plan

John W. Ketchum sold 99,603 shares and exercised options; company also reported fiscal Q4 2025 misses and signed MOU with Xcel Energy on large-customer power solutions

By Avery Klein NEE
NextEra CEO Executes $8.89 Million Stock Sale, Exercises Options Under 10b5-1 Plan
NEE

NextEra Energy Inc. Chairman, President and CEO John W. Ketchum completed a sale of 99,603 common shares on February 9, 2026, generating roughly $8.89 million. The Form 4 filing shows he also exercised options for the same number of shares at strike prices between $27.918 and $31.715, costing $2,873,875. The trades were carried out under a Rule 10b5-1 plan adopted in August 2025. Separately, NextEra reported fiscal 2025 fourth-quarter EPS and revenue that missed consensus, and signed a memorandum of understanding with Xcel Energy to collaborate on generation, storage and transmission for large customers such as data centers.

Key Points

  • NextEra CEO John W. Ketchum sold 99,603 shares on February 9, 2026, for about $8.89 million and exercised options for the same number of shares.
  • The option exercises had strike prices between $27.918 and $31.715, with a total exercise cost of $2,873,875; the transactions were conducted under a Rule 10b5-1 plan dated August 7, 2025.
  • NextEra reported fiscal Q4 2025 EPS of $0.54 and revenue of $6.5 billion, both trailing consensus estimates; the company also signed an MOU with Xcel Energy aimed at supporting large load customers, including data centers.

John W. Ketchum, who serves as Chairman, President and Chief Executive Officer of NextEra Energy Inc (NYSE: NEE), sold 99,603 shares of the companys common stock on February 9, 2026, for approximately $8.89 million. The shares were sold at $89.34 per share, according to a Form 4 filing with the Securities and Exchange Commission.

The filing also discloses that Ketchum concurrently exercised options to acquire 99,603 shares of NextEra Energy common stock. The exercised options carried strike prices ranging from $27.918 to $31.715, with an aggregate exercise cost of $2,873,875.

Both the sale and the option exercises were executed under a pre-arranged Rule 10b5-1 trading plan that Ketchum adopted on August 7, 2025. After these transactions, Ketchum directly holds 305,933 shares of NextEra Energy common stock and indirectly holds an additional 11,629 shares through a retirement savings plan trust, as reported in the filing.


In other company developments disclosed around the same period, NextEra Energy reported fourth-quarter results for fiscal year 2025 that fell short of expectations. The company posted earnings per share of $0.54, below the forecast of $0.56. Revenue for the quarter was $6.5 billion, missing the anticipated $6.78 billion.

Also announced was a memorandum of understanding between NextEra Energy and Xcel Energy intended to improve power generation resources for large customers, including data centers. The agreement is described as targeting support for large load opportunities through enhanced coordination on generation, storage and transmission investments.

These regulatory filings and corporate disclosures provide a contemporaneous view of insider activity and operational results. The transactions by the companys chief executive were undertaken through a previously established Rule 10b5-1 framework and were accompanied by option exercises that together altered his direct and indirect ownership stakes as noted above.


Summary of reported items:

  • CEO sale of 99,603 shares at $89.34 per share for about $8.89 million.
  • Exercise of options for 99,603 shares at strikes between $27.918 and $31.715; total exercise cost $2,873,875.
  • Transactions executed under a 10b5-1 plan adopted August 7, 2025; post-transaction ownership: 305,933 direct shares and 11,629 shares indirectly held via a retirement savings trust.
  • Company reported Q4 fiscal 2025 EPS of $0.54 and revenue of $6.5 billion, both below forecasts.
  • NextEra signed a memorandum of understanding with Xcel Energy to collaborate on generation, storage and transmission for large customers such as data centers.

Risks

  • NextEra’s reported Q4 EPS of $0.54 missed the $0.56 forecast, which may reflect near-term earnings pressure in the utilities or renewable energy segments.
  • Quarterly revenue of $6.5 billion fell short of the $6.78 billion expected, indicating potential shortfalls in top-line performance for the company’s segments.
  • The memorandum of understanding with Xcel Energy outlines collaboration but does not guarantee outcomes; investments in generation, storage and transmission for large customers involve execution and investment risks.

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