NOLAN JOSEPH R JR 4

What Happened
Joseph R. Nolan Jr., Eversource Energy’s Chairman, President & CEO, was awarded a total of 75,775 equity units on January 27, 2026: 36,089 restricted share units (RSUs) and 39,686 performance/share-equivalent units. Both grants were reported as acquisitions at $0.00 (awards/grants), i.e., these are compensation awards rather than open-market purchases.

Key Details

• Transaction date: 2026-01-27; Filing date: 2026-01-29 (Form 4) — filing appears timely.
• Awards: 36,089 RSUs (F1/F2) and 39,686 performance shares/performance-based units (F3); total 75,775 units.
• Reported price: $0.00 (grant/award). Total cash value not stated in the filing.
• Shares owned after transaction: not specified in the information provided.
• Relevant footnotes: F1 (RSUs vest in three equal installments on Feb 15, 2027, 2028, 2029; RSUs convert one-for-one to common shares and accrue dividend equivalents), F2 (counts include dividend equivalents), F3 (performance shares for the 2023–2025 long-term incentive program were determined on Jan 27, 2026).

Context
RSUs are time-based awards that convert to actual common shares on vesting (one share per RSU) and typically include dividend equivalents; performance shares depend on achievement of performance goals and were finalized for the 2023–2025 cycle on the grant date. These types of awards are common executive compensation and are not the same as an open-market purchase (they do not necessarily signal immediate bullish buying).