Reagan Ronald R

Reagan Ronald R, EVP of Engineering, Construction & ISC, has demonstrated a clear selling bias in recent transactions involving NextEra Energy (NEE), the sole company reflected in their SEC Form 4 filings. Over 24 reported trades, total sales amounted to $4.75 million, dwarfing purchases of $576,128—a nearly 8:1 ratio favoring disposals. The most recent activity, all sales, includes a $482,505 transaction on February 17, 2026, following a $1.14 million combined sale on February 4, 2026, which coincided with a $576,128 acquisition (coded "M," likely option-related). Earlier disposals include a $920,210 sale on January 22, 2026, and a $985,481 transaction in December 2025. Smaller transactions coded "F" (likely tax withholdings or fee-related) appear periodically, such as $53,278 on February 15, 2026, and $336,556 on February 12, 2026. The pattern suggests a multiyear trend of reducing exposure to NEE, with accelerating sell-side activity in early 2026. Notably, the February 4, 2026, filing shows a buy-sell sequence where acquisition and disposal occurred the same day, possibly tied to option exercises. The absence of recent buys—coupled with five sales since December 2025 totaling over $3 million—indicates a sustained distribution phase. While smaller "A"-coded transactions (likely awards) appear with zero reported value, they do not offset the directional weight of the monetizations. The data reflects a disciplined, incremental unwinding of positions rather than abrupt exits, with no trades in other securities.