EVERSOURCE ENERGY·4

Jan 29, 9:43 PM ET

CHODAK PAUL III 4

4 · EVERSOURCE ENERGY · Filed Jan 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Eversource (ES) EVP/COO Paul Chodak Receives RSU Award

What Happened
Paul Chodak III, EVP and COO of Eversource Energy, was granted two equity awards on January 27, 2026: 7,795 restricted share units (RSUs) and 6,067 RSUs (total 13,862 RSUs). Both grants were recorded at $0.00 (award grants), with awards convertible one-for-one into Eversource common shares when they vest. These are compensation awards rather than purchases or sales.

Key Details

  • Transaction date: January 27, 2026 (filed January 29, 2026 — timely filing).
  • Grant amounts and prices: 7,795 RSUs @ $0.00 and 6,067 RSUs @ $0.00 (total 13,862 RSUs).
  • Vesting: RSUs vest in three equal installments on Feb 15, 2027, Feb 15, 2028, and Feb 15, 2029 (per footnote F1).
  • Dividend equivalents: RSU holders receive dividend equivalents to the same extent as common-share dividends; these are exempt from line-item reporting under SEC Rule 16a-11 (F1/F2).
  • Performance award note: Footnote indicates performance shares/dividend equivalents for the 2023–2025 Long-Term Incentive Program were determined on Jan 27, 2026 (F3).
  • Shares owned after transaction: Not specified in this filing.
  • Transaction code: A = Award/Grant (compensation), not a purchase or sale.

Context
RSU grants are a routine form of executive compensation intended for retention and alignment with shareholders. Because these are awards (not purchases), they don't represent an immediate buy/sell signal. Vesting over multiple years means the economic benefit depends on continued employment and future share delivery.

Insider Transaction Report

Form 4
Period: 2026-01-27
CHODAK PAUL III
EVP and COO
Transactions
  • Award

    Common Shares, $5.00 par value

    [F1][F2]
    2026-01-27+7,79541,971 total
  • Award

    Common Shares, $5.00 par value

    [F3][F2]
    2026-01-27+6,06748,038 total
Holdings
  • Common Shares, $5.00 par value

    [F4]
    (indirect: By 401(k))
    496
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.
  • [F4]Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Chodak|2026-01-29

Documents

2 files
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24

    POWER OF ATTORNEY (PUBLIC): CHODAK POA EX24