BUTH JAY S. 4
4 · EVERSOURCE ENERGY · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Eversource (ES) VP Jay S. Buth Receives RSU & Performance Awards
What Happened Jay S. Buth, Vice President, Controller and Chief Accounting Officer of Eversource Energy (ES), was granted a total of 2,663 company share awards on January 27, 2026. The filing shows two awards: 1,188 restricted share units (RSUs) and 1,475 performance/share awards, each reported at $0 acquisition price (typical for grants). These are awards, not open-market purchases or sales, so there was no cash exchanged at grant.
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (timely filing).
- Awards: 1,188 RSUs + 1,475 performance-share awards = 2,663 total shares granted; acquisition price reported $0.
- Vesting: RSUs vest in three equal installments on Feb 15, 2027, 2028 and 2029 (per footnote). Performance-share awards were determined Jan 27, 2026.
- Deferral: The reporting person elected to defer 50% of the performance-share award (737 shares deferred).
- Dividend equivalents: RSU/performance awards include dividend equivalents payable to holders; these are exempt from separate line-item reporting under SEC Rule 16a-11.
- Shares owned after transaction: not specified in the filing.
Context These entries are award/grant transactions (code A) under the company’s long-term incentive plans. RSUs and performance shares are typically converted to common shares upon vesting according to plan terms; they do not represent an immediate cash investment or sale and should be interpreted as compensation rather than an open-market endorsement or divestment.
Insider Transaction Report
- Award
Common Shares, $5.00 par value
[F1][F2]2026-01-27+1,188→ 26,244 total - Award
Common Shares, $5.00 par value
[F3][F2]2026-01-27+1,475→ 27,719 total
- 309(indirect: By 401(k))
Common Shares, $5.00 par value
[F4]
Footnotes (4)
- [F1]Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2027, 2028 and 2029. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares.
- [F2]Includes restricted share units and dividend equivalents thereon.
- [F3]Performance shares and dividend equivalent shares for the 2023-2025 Long-Term Incentive Program as determined on January 27, 2026. The reporting person elected to defer receipt of 50% of these shares (737 shares).
- [F4]Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.