BUTH JAY S. 4

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.