{
  "id": 15106829,
  "title": "New Era Energy & Digital director Kent McCarthy disposes $15.5m in shares",
  "url": "https://urgent.news/2026/10/17/new-era-energy-digital-director-kent-mccarthy-disposes-15-5m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T03:16:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/new-era-energy--digital-director-kent-mccarthy-disposes-155m-in-shares-93CH-4955173"
  },
  "original_language": "en",
  "account": null,
  "summary": "Kent C. McCarthy, a director and 10% owner of New ERA Energy & Digital Inc., disposed of $15.5 million worth of shares on October 14, 2026. He sold approximately 200,000 shares at $3.9085 per share directly and 4,090,000 shares indirectly through AMC Fund, L.P., at a weighted average price of $3.6102. The transactions involved both common stock and call options, with McCarthy disposing of 50,000 call options at a price of $0.5636 and 200,000 call options at a weighted average price of $1.2649. These sales resulted in the entity no longer being subject to Section 16 reporting requirements for transactions in New Era Energy & Digital's equity securities. Meanwhile, New Era Energy & Digital announced a 20-year power purchase agreement with Luminant ET Services Company LLC, an affiliate of Vistra Corp., for Phase 1 of the Texas Critical Data Center project. The agreement will supply between 200MW and 207MW of power, with availability expected in the third quarter of 2027.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}