Summary
Dominion Energy, Inc. (D) has filed a Current Report on Form 8-K detailing the approval of its 2026 Annual Incentive Plan (AIP) by the Compensation and Talent Development Committee. This plan outlines a performance-based cash award program for the company's officers, with target incentives tied to a percentage of their base salary. The ultimate payout will hinge on the achievement of specific performance goals, to be set by the committee and drawn from the measures established in the 2024 Incentive Compensation Plan.
Key Highlights
- 1Dominion Energy's Compensation and Talent Development Committee approved the 2026 Annual Incentive Plan (AIP) on January 30, 2026.
- 2The AIP provides performance-based cash awards for company officers.
- 3Each officer's target incentive is a percentage of their base salary.
- 4Payouts are contingent upon achieving specific performance goals.
- 5Performance goals will be selected from measures outlined in the 2024 Incentive Compensation Plan.
- 6Potential funding for the AIP ranges from 0% to 200% of the target amount.