CHODAK PAUL III 4

What Happened

• Paul Chodak III, EVP and COO of Eversource Energy, received an award of 5,522 shares (performance shares/dividend equivalents) determined Jan 27, 2026. To satisfy tax withholding related to awards, 5,886 shares were disposed on Feb 12, 2026 at $70.22 per share for proceeds of $413,315 (shares were withheld/sold to cover taxes rather than an open-market investment sale).

Key Details

• Grant/acquisition: 5,522 shares (award) on 2026-01-27; reported as acquired at $0.00 (performance shares/dividend equivalents).
• Disposition/tax withholding: 5,886 shares on 2026-02-12 at $70.22, total $413,315 (code F — tax withholding).
• Filing: Form filed 2026-02-17. The Feb 12 disposition was reported five days after the transaction date (after the SEC’s typical 2-business-day Form 4 deadline); the filing also re-reports/corrects dividend-equivalent details from an earlier Jan 29 filing.
• Footnotes of note:
  • F1: Disposition was to satisfy tax withholding obligations.
  • F2/F4: Awards include restricted share units, dividend equivalents, and performance shares for the 2023–2025 LTI program determined Jan 27, 2026.
  • F3: A re-report to correct previously misreported dividends from the Jan 29 filing.
  • F5: Some shares are held in a 401(k) plan per the plan record keeper.
• Shares owned after the reported transactions: not specified in this filing.

Context

• This was not a market-driven purchase: the acquisition was an equity award (performance shares) and the sale/ disposition was a routine tax-withholding event (common when awards vest). Such withholdings are administrative and do not necessarily indicate insider sentiment about the stock.