ENTERGY TEXAS, INC., DEF 14C filed on 7/11/2025
Information Statement - All Other (definitive)
v3.25.2
Cover
12 Months Ended
Dec. 31, 2024
Document Information [Line Items]  
Document Type DEF 14C
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name Entergy Texas, Inc.
Entity Central Index Key 0001427437
v3.25.2
Pay vs Performance Disclosure
2 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2021
Nov. 30, 2021
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table    
Pay Versus Performance (PVP) Table
 
Value of Initial Fixed $100 Investment Based on:
Year
SCT Total 1st PEO1
SCT Total 2nd PEO2
CAP 1st PEO3
CAP 2nd PEO4
Avg SCT Total NEOs5
Avg CAP Non-PEO NEOs6
TSR7
Peer Group TSR8
Net Income9
(In Thousands)
ETR Adjusted EPS10
(a)(b)(b)(c)(c)(d)(e)(f)(g)(h)(i)
2024N/A$1,156,622N/A$2,084,690$5,424,706$11,254,993$153.26$134.24$1,055,590$3.65
2023N/A$1,078,811N/A$834,317$5,340,285$3,321,371$98.28$111.05$2,356,536$3.39
2022N/A$1,118,688N/A$1,241,539$6,220,068$7,964,841$104.64$122.25$1,103,166$3.21
2021$1,246,210$881,557$574,114$1,037,011$7,409,460$10,495,947$101.07$121.46$1,118,492$3.01
2020$1,543,383N/A$850,925N/A$8,247,020$4,828,195$86.29$102.72$1,388,334$2.83
       
Company Selected Measure Name     ETR Adjusted EPS        
Named Executive Officers, Footnote     The amounts reported in this first column (b) are the same amounts reported in column (j) of the 2021 Summary Compensation Table ("SCT") for Ms. Sallie T. Rainer, who served as the Company's PEO for the entirety of 2020 and during 2021 until her retirement as our Chief Executive Officer on November 2021.The amounts reported in this second column (b) for 2022, 2023 and 2024 are the same amounts reported in column (j) of the 2024 SCT for Mr. Viamontes, who became the Company's PEO in November 2021 upon his appointment as our Chief Executive Officer upon Ms. Rainer's retirement in November 2021. The amount reported in this second column (b) for 2021 is the same amounts reported in column (j) of the 2021 SCT for Mr. Viamontes, who became the Company's PEO in November 2021 upon his appointment as our Chief Executive Officer upon Ms. Rainer's retirement in November 2021.The amounts reported in this column (d) represent the average of amounts reported in column (j) of the SCT for the applicable years for our Non-PEO NEOs. The names of the non-PEO NEOs included in the average for each year are listed in the table below.
20242023202220212020
Kimberly A. FontanKimberly A. FontanA. Christopher Bakken, IIIMarcus V. BrownMarcus V. Brown
Andrew S. MarshAndrew S. MarshLeo P. DenaultLeo P. DenaultLeo P. Denault
Marcus V. BrownMarcus V. BrownKimberly A. FontanAndrew S. MarshAndrew S. Marsh
Peter S. Norgeot, Jr.Roderick K. WestAndrew S. MarshRoderick K. WestRoderick K. West
Roderick K. WestRoderick K. West
       
Peer Group Issuers, Footnote     The Company does not have publicly traded common stock, and equity awards granted to the PEOs and Non-PEO NEOs are all based in Entergy common stock. As a result, the amounts reported in this column (g) report the average TSR of the Philadelphia Utility Index, the index used by Entergy for purposes of the performance graph included in its 2024 annual report to shareholders pursuant to Item 201(e) of Regulation S-K. The same methodology was used in calculating Entergy’s TSR and that of the Philadelphia Utility Index, with the calculation for each year based on a fixed investment of $100 as of December 31, 2019, through the end of the applicable year in the table, assuming reinvestment of dividends.        
Adjustment To PEO Compensation, Footnote     The amounts reported in this first column (c) represent the total CAP to Ms. Rainer as calculated in accordance with SEC disclosure rules, for 2020 and 2021. CAP does not necessarily mean that Ms. Rainer was actually paid those amounts in the listed year, but this is a dollar amount derived from the SCT amount in the first column (b), adjusted by certain changes in equity award and pension plan values, as follows:
Adjustments to Determine CAP for Ms. Rainer20242023202220212020
SCT TotalN/AN/AN/A$1,246,210$1,543,383
Deduction for Change in Actuarial Present Value reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” Column of the SCTN/AN/AN/A$(479,100)$(663,100)
Increase for “Service Cost” for Pension PlansN/AN/AN/A$(8,500)$(2,600)
Increase for “Prior Service Cost” for Pension Plans (Due to Plan Amendment/Modification)N/AN/AN/A$—$—
Deduction for the Equity Awards Grant Date Fair Value reported under the “Stock Awards” and “Option Awards” Columns in the SCTN/AN/AN/A$(266,557)$(302,054)
Increase for Year End Fair Value of Equity Awards Granted During Year That are Outstanding and Unvested at Year EndN/AN/AN/A$85,864$185,099
Increase/Deduction for Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior YearsN/AN/AN/A$(42,028)$(298,373)
Increase for Fair Value as of Vesting Date of Equity Awards Granted and Vested in the YearN/AN/AN/A$—$—
Increase/Deduction for Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the YearN/AN/AN/A$38,225$388,570
Deduction for Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the YearN/AN/AN/A$—$—
Calculated CAPN/AN/AN/A$574,114$850,925
The amounts reported in this second column (c) represents the total CAP, as calculated in accordance with SEC disclosure rules, to Mr. Viamontes for 2021, the year in which he was appointed as our PEO, and for 2022, 2023 and 2024. CAP does not mean that Mr. Viamontes was actually paid those amounts in the listed year, but this is a dollar amount derived from the SCT amount in the second column (b), adjusted by certain changes in equity award and pension plan values, as follows:
Adjustments to Determine CAP for Mr. Viamontes20242023202220212020
SCT Total$1,156,622$1,078,811$1,118,688$881,557N/A
Deduction for Change in Actuarial Present Value reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” Column of the SCT$(34,200)$(28,700)$(11,800)$(22,300)N/A
Increase for “Service Cost” for Pension Plans$22,400$20,600$16,300$—N/A
Increase for “Prior Service Cost” for Pension Plans$—$—$—$—N/A
Deduction for the Equity Awards Grant Date Fair Value reported under the “Stock Awards” and “Option Awards” Columns in the SCT$(382,561)$(411,779)$(350,389)$(298,154)N/A
Increase for Year End Fair Value of Equity Awards Granted During Year That are Outstanding and Unvested at Year End$853,364$387,873$351,005$399,481N/A
Increase/Deduction for Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years$439,258$(125,218)$91,640$78,038N/A
Increase for Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year$—$—$—N/A
Increase/Deduction for Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year$29,807$(87,270)$26,095$(1,611)N/A
Deduction for Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year$—$—$—$—N/A
Calculated CAP$2,084,690$834,317$1,241,539$1,037,011N/A
       
Non-PEO NEO Average Total Compensation Amount     $ 5,424,706 $ 5,340,285 $ 6,220,068 $ 7,409,460 $ 8,247,020
Non-PEO NEO Average Compensation Actually Paid Amount     $ 11,254,993 3,321,371 7,964,841 10,495,947 4,828,195
Adjustment to Non-PEO NEO Compensation Footnote     The amounts reported in this column (e) represent the average CAP, as calculated in accordance with SEC disclosure rules, to the Non-PEO NEOs for the prior five completed fiscal years. Average CAP does not necessarily equal the average amount that our Non-PEO NEOs was actually paid in the listed year but is a dollar amount derived from the Average SCT Total amount in column (d), adjusted for certain changes in equity award and pension plan values (expressed as averages), as follows:
Adjustments to Determine the Average CAP for Non-PEO NEOs202420232022 20212020
SCT Total$5,424,706$5,340,285$6,220,068 $7,409,460 $8,247,020
Deduction for Change in Actuarial Present Value reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” Column of the SCT$(654,580)$(582,125)$(17,640) $(1,240,050) $(2,548,275)
Increase for “Service Cost” for Pension Plans$123,420$143,175$115,440 $142,425 $117,475
Increase for “Prior Service Cost” for Pension Plans (Due to Plan Amendment/Modification)$—$—$— $2,214,550 $—
Deduction for the Equity Awards Grant Date Fair Value reported under the “Stock Awards” and “Option Awards” Columns in the SCT$(2,735,632)$(2,812,628)$(4,187,291) $(3,964,336) $(3,663,838)
Increase for Year End Fair Value of Equity Awards Granted During Year That are Outstanding and Unvested at Year End$6,102,301$2,649,336$4,282,207 $5,204,916 $2,139,318
Increase/Deduction for Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years$2,823,954$(814,692)$1,009,268 $315,059 $(3,289,760)
Increase for Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year$—$—$— $— $—
Increase/Deduction for Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year$170,824$(601,980)$542,789 $413,923 $3,826,255
Deduction for Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year$—$—$— $— $—
Calculated Average CAP$11,254,993$3,321,371$7,964,841 $10,495,947 $4,828,195
       
Compensation Actually Paid vs. Total Shareholder Return    
PEO and Average Non-PEO NEO CAP versus Entergy's Cumulative TSR and Philadelphia Utility Index Cumulative TSR*
The chart below illustrates the relationship between the CAP amounts for the PEOs and the Non-PEO NEOs to Entergy's TSR as well as the TSR of Entergy as compared to the Philadelphia Utility Index.
7237
* The Company does not have publicly traded common stock, and equity awards granted to the PEOs and Non-PEO NEOs are all based in Entergy common stock. As a result, the amounts reported in the above chart represent Entergy’s TSR for the prior five completed fiscal years.
       
Compensation Actually Paid vs. Net Income    
PEO and Average Non-PEO NEO CAP versus Entergy's Net Income*
The chart below illustrates the relationship between the CAP amounts for the PEOs and the Non-PEO NEOs to Entergy's GAAP net income.
7711
* The Company’s net income for the applicable periods are as follows: $293,622,000 for the year ended December 31, 2024; $291,273,000 for the year ended December 31, 2023; $303,327,000 for the year ended December 31, 2022; $228,824,000 for the year ended December 31, 2021; $215,073,000 for the year ended December 31, 2020.
       
Compensation Actually Paid vs. Company Selected Measure    
PEO and Average Non-PEO NEO CAP versus ETR Adjusted EPS (CSM)
The chart below illustrates the relationship between the CAP amounts for the PEOs and the Non-PEO NEOs to Entergy’s CSM, ETR Adjusted EPS. The PEOs and Non-PEO NEOs are compensated in accordance with Entergy’s executive compensation policies. The Company does not make independent decisions regarding the compensation of its executive officers. As a result, the CSM illustrated below is Entergy’s Adjusted EPS, which reflects the financial performance measure that in Entergy’s assessment represents the most important financial measure (aside from TSR) used to link CAP to company performance for the most recently completed fiscal year.
8702
       
Total Shareholder Return Vs Peer Group    
PEO and Average Non-PEO NEO CAP versus Entergy's Cumulative TSR and Philadelphia Utility Index Cumulative TSR*
The chart below illustrates the relationship between the CAP amounts for the PEOs and the Non-PEO NEOs to Entergy's TSR as well as the TSR of Entergy as compared to the Philadelphia Utility Index.
7237
* The Company does not have publicly traded common stock, and equity awards granted to the PEOs and Non-PEO NEOs are all based in Entergy common stock. As a result, the amounts reported in the above chart represent Entergy’s TSR for the prior five completed fiscal years.
       
Tabular List, Table     ETR Adjusted EPS
Adjusted FFO / Debt Ratio
Relative Total Shareholder Return
       
Total Shareholder Return Amount     $ 153.26 98.28 104.64 101.07 86.29
Peer Group Total Shareholder Return Amount     134.24 111.05 122.25 121.46 102.72
Net Income (Loss)     $ 1,055,590,000 $ 2,356,536,000 $ 1,103,166,000 $ 1,118,492,000 $ 1,388,334,000
Company Selected Measure Amount | $ / shares     3.65 3.39 3.21 3.01 2.83
PEO Name Mr. Viamontes Ms. Sallie T. Rainer Mr. Viamontes Mr. Viamontes Mr. Viamontes   Ms. Sallie T. Rainer
Additional 402(v) Disclosure     The Company does not have publicly traded common stock, and equity awards granted to the PEOs and Non-PEO NEOs are all based in Entergy common stock. As a result, the amounts reported in this column (f) represent Entergy’s total shareholder return (“TSR”) for the prior five completed fiscal years. The calculation for each year is based on a fixed investment of $100 as of December 31, 2019 through the end of each applicable year in the table, assuming reinvestment of dividends. Historic stock price performance is not necessarily indicative of future stock price performance. This column (h) reports Entergy’s net income for the prior five completed fiscal years. The Company’s net income for the applicable periods are as follows: $293,622,000 for the year ended December 31, 2024;$291,273,000 for the year ended December 31, 2023; $303,327,000 for the year ended December 31, 2022; $228,824,000 for the year ended December 31, 2021; $215,073,000 for the year ended December 31, 2020.
Performance Measures Used to Link Entergy's Performance and Compensation Actually Paid to the NEOs
The following is a list of performance measures, which in Entergy’s assessment represent the most important performance measures used by Entergy to link CAP to the NEOs for 2024 to the performance of Entergy and its subsidiaries, including the Company. These measures include Entergy’s CSM, ETR Adjusted EPS, set forth in column (i) of the PVP Table. Please see the CD&A for a further description of the performance measures used in Entergy’s 2024 annual and long-term compensation programs.
       
Measure:: 1              
Pay vs Performance Disclosure              
Name     •ETR Adjusted EPS        
Non-GAAP Measure Description     The PEOs and Non-PEO NEOs are compensated in accordance with Entergy’s executive compensation policies. The Company does not make independent decisions regarding the compensation of its executive officers. As a result, the company selected measure (“CSM”) reported in column (i) is Entergy’s Adjusted EPS, which reflects the financial performance measure that in Entergy’s assessment represents the most important financial measure (aside from TSR) used to link CAP to Entergy's performance for the most recently completed fiscal year. Entergy's Adjusted EPS, a non-GAAP financial measure, is the earnings measure by which Entergy provides external guidance, and excludes the effects of the Pre-Determined Exclusions (as defined earlier in the CD&A). See Appendix A for the reconciliation of ETR Adjusted EPS to GAAP results.        
Measure:: 2              
Pay vs Performance Disclosure              
Name     Adjusted FFO / Debt Ratio        
Measure:: 3              
Pay vs Performance Disclosure              
Name     Relative Total Shareholder Return        
Mr. Viamontes [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     $ 1,156,622 $ 1,078,811 $ 1,118,688 $ 881,557  
PEO Actually Paid Compensation Amount     2,084,690 834,317 1,241,539 1,037,011  
Ms. Sallie T. Rainer [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount           1,246,210 $ 1,543,383
PEO Actually Paid Compensation Amount           574,114 850,925
PEO | Mr. Viamontes [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (34,200) (28,700) (11,800) (22,300)  
PEO | Mr. Viamontes [Member] | Pension Adjustments Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     22,400 20,600 16,300 0  
PEO | Mr. Viamontes [Member] | Pension Adjustments Prior Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0 0 0 0  
PEO | Mr. Viamontes [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (382,561) (411,779) (350,389) (298,154)  
PEO | Mr. Viamontes [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     853,364 387,873 351,005 399,481  
PEO | Mr. Viamontes [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     439,258 (125,218) 91,640 78,038  
PEO | Mr. Viamontes [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0 0 0 0  
PEO | Mr. Viamontes [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     29,807 (87,270) 26,095 (1,611)  
PEO | Mr. Viamontes [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0 0 0 0  
PEO | Ms. Sallie T. Rainer [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           (479,100) (663,100)
PEO | Ms. Sallie T. Rainer [Member] | Pension Adjustments Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           (8,500) (2,600)
PEO | Ms. Sallie T. Rainer [Member] | Pension Adjustments Prior Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           0 0
PEO | Ms. Sallie T. Rainer [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           (266,557) (302,054)
PEO | Ms. Sallie T. Rainer [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           85,864 185,099
PEO | Ms. Sallie T. Rainer [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           (42,028) (298,373)
PEO | Ms. Sallie T. Rainer [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           0 0
PEO | Ms. Sallie T. Rainer [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           38,225 388,570
PEO | Ms. Sallie T. Rainer [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount           0 0
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (654,580) (582,125) (17,640) (1,240,050) (2,548,275)
Non-PEO NEO | Pension Adjustments Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     123,420 143,175 115,440 142,425 117,475
Non-PEO NEO | Pension Adjustments Prior Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0 0 0 2,214,550 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (2,735,632) (2,812,628) (4,187,291) (3,964,336) (3,663,838)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     6,102,301 2,649,336 4,282,207 5,204,916 2,139,318
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     2,823,954 (814,692) 1,009,268 315,059 (3,289,760)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     170,824 (601,980) 542,789 413,923 3,826,255
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     $ 0 $ 0 $ 0 $ 0 $ 0
v3.25.2
Award Timing Disclosure
12 Months Ended
Dec. 31, 2024
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
Policies and Practices Related to the Timing of Grants of Certain Equity Awards
The Talent and Compensation Committee and senior management monitor the Company’s equity grant practices to evaluate whether such policies comply with governing regulations and are consistent with good corporate practices. When making regular annual equity grants, including stock options, the Talent and Compensation Committee’s practice is to approve them at its meeting in late January or in the first week of February of each year, which is near the beginning of the Company’s fiscal year, as part of the annual compensation review. In addition, the Talent and Compensation Committee may make grants at other times during the year for new hires or for other reasons, including, for example, job promotions or for retention purposes. Because the Talent and Compensation Committee’s regular meeting schedule is generally determined in the prior fiscal year and, as noted above, the Company generally makes annual equity awards to our NEOs at approximately the same time each year, the proximity of any awards to other significant corporate events is coincidental. The Company does not time its equity awards to take advantage of the release of earnings or other major announcements by the Company or market conditions.
During 2024, no stock option grants were made to any of our NEOs during any period beginning four business days before the filing or furnishing of a periodic report or current report and ending one business day after the filing or furnishing of any such report with the SEC.
Award Timing Method When making regular annual equity grants, including stock options, the Talent and Compensation Committee’s practice is to approve them at its meeting in late January or in the first week of February of each year, which is near the beginning of the Company’s fiscal year, as part of the annual compensation review. In addition, the Talent and Compensation Committee may make grants at other times during the year for new hires or for other reasons, including, for example, job promotions or for retention purposes. Because the Talent and Compensation Committee’s regular meeting schedule is generally determined in the prior fiscal year and, as noted above, the Company generally makes annual equity awards to our NEOs at approximately the same time each year, the proximity of any awards to other significant corporate events is coincidental. The Company does not time its equity awards to take advantage of the release of earnings or other major announcements by the Company or market conditions.
Award Timing Predetermined true
Award Timing MNPI Considered false
Award Timing, How MNPI Considered The Company does not time its equity awards to take advantage of the release of earnings or other major announcements by the Company or market conditions.
MNPI Disclosure Timed for Compensation Value false
v3.25.2
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true