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8-K ·Filed Aug 25, 2026

TVE

Tennessee Valley Authority
NEUTRAL
Impact 2/10
Horizonmonths Processed2mo ago SEC0001376986-26-000038
8-K context-dependent: Items 5.02
Actionable Insight • Neutral

This is a routine annual compensation filing with no immediate trading implications. Monitor future quarterly filings for actual cost performance against these targets, as sustained cost overruns could pressure TVE's credit profile.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+20d
TVE ▼ -1.40% at T+20d
NEUTRAL call -1.40% · α vs SPY -2.38% · entry $23.53 → $23.20
Next anchor: T+60d in 22d
Latest observation: T+42 -1.58% FF3 residual α
Entry = T+0 close
Aug 25, 2026
via day close
T+1d
-0.17%
call -0.17% · α -0.19%
$23.49
settled 2mo ago
T+5d
0.00%
call 0.00% · α +0.54%
$23.53
settled 8w ago
T+20d
-1.40%
call -1.40% · α -2.38%
$23.20
settled 5w ago
T+60d
Pending
in 22d

Price Chart

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Executive Summary

TVA's Board approved FY 2027 performance measures and goals for its short-term and long-term incentive plans, along with revisions to existing FY 2026 and multi-year cycle targets. This is a routine annual compensation and goal-setting filing with no material financial impact or officer changes.

Key Facts

  • Board established FY 2027 Enterprise Scorecard for Winning Performance Team Incentive Plan (WPTIP) and Executive Annual Incentive Plan (EAIP).
  • Board approved FY 2027–FY 2029 performance cycle measures for the Long-Term Incentive Plan (LTIP).
  • Revised FY 2026 SBU Controllable O&M and Base Capital Spend target to a range of $4,565M to $4,794M.
  • Revised FY 2024–FY 2026 LTIP Total Spend target to a range of $17,289M to $18,399M.
  • Revised FY 2025–FY 2027 LTIP Total Spend target to a range of $24,515M to $26,064M.
  • Revised FY 2026–FY 2028 LTIP Total Spend target to a range of $21,907M to $23,258M.

Financial Impact

Revised FY 2026 SBU Controllable O&M and Base Capital Spend target set at $4,565M (stretch) to $4,794M (threshold). Revised multi-year LTIP Total Spend targets range from $17,289M to $26,064M.

SBU Controllable O&M and Base Capital SpendTotal Spend (Non-Fuel O&M, Capital, Non-Fuel Inventory, Cloud Implementation)

Risk Factors

  • No material risks identified from this routine compensation filing.

Market Snapshot

Exchange
NYSE
Sector
Electric Services

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001376986-26-000038
Document: 0001376986-26-000038-index.html0001376986-26-000038
Document: 0001376986-26-000038.txt0001376986-26-000038
4 reports for TVE
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TVE — sortable, filterable
TypeNow
Aug 25, 2026
8w ago
8-K
NEUTRAL ★ 2/10
$23.53 $23.20▼ −1.40%▼ −2.38%$23.12 (−1.74%)
Aug 13, 2026
10w ago
Court Ruling
BEARISH ★ 6/10
$23.52 $23.49▲ +0.15%▼ −1.84%$23.12 (+1.70%)
Jul 15, 2026
14w ago
8-K
NEUTRAL ★ 3/10
$23.61 $23.46▼ −0.64%▼ −2.98%$23.12 (−2.08%)
Mar 5, 2026
33w ago
8-K
NEUTRAL ★ 3/10
$23.88 $24.16▲ +1.17%▲ +3.21%$23.12 (−3.19%)
Showing 4 of 4

US Market Status

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Report published Aug 25, 2026