Hunt James W III 4
Research Summary
AI-generated summary
Eversource (ES) EVP James W. Hunt III Receives RSU/Performance Awards
What Happened
- James W. Hunt III, EVP — Corporate Relations & Sustainability at Eversource Energy, received two equity awards on January 27, 2026: 4,349 restricted share units (RSUs) and 3,944 performance/share equivalents, for a total of 8,293 units. Both line items are reported as awards (transaction code A) at $0.00 per share (grant value shown as $0 on the Form 4). These are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (appears timely within the typical two-business-day filing window).
- Award amounts and reported prices:
- 4,349 RSUs @ $0.00
- 3,944 performance/award shares @ $0.00
- Total units granted: 8,293
- Shares owned after transaction: not specified in the supplied filing data.
- Notable footnotes:
- F1: RSUs vest in three equal installments on Feb 15, 2027, 2028 and 2029; RSUs convert one-for-one into common shares.
- F2: Counts include RSUs plus dividend equivalents.
- F3: The 3,944 units reflect performance-share determinations for the 2023–2025 long-term incentive program (determined 1/27/2026).
- Dividend equivalents are paid but exempt from line-item reporting under SEC Rule 16a-11.
- Transaction code meaning: A = Award/Grant (compensation), not a purchase (P) or sale (S).
Context
- RSUs and performance shares are common forms of executive compensation that convert into company stock over time if vesting/performance conditions are met; they do not require the insider to pay cash at grant.
- The grant’s grant-date reported value is $0 on the Form 4, but the economic value to the insider will depend on Eversource’s share price at vesting and any performance outcomes.
- These types of filings are routine compensation disclosures and do not, by themselves, indicate the insider’s personal buying or selling sentiment.