Williams Frederica M 4
Research Summary
AI-generated summary
Eversource (ES) Trustee Frederica M. Williams Sells 2,581 Shares
What Happened
- Frederica M. Williams, listed as a Trustee, sold 2,581 shares of Eversource Energy (ES) in an open-market transaction on February 17, 2026. The shares were sold at $73.32 each for a total proceeds of approximately $189,239. This was a sale (not a purchase), which is often routine and does not by itself indicate management sentiment.
Key Details
- Transaction date: 2026-02-17
- Transaction type/code: Open market sale (S)
- Price per share: $73.32
- Shares sold: 2,581
- Proceeds: ~$189,239
- Shares owned after transaction: Not specified in this Form 4
- Footnotes:
- F1 notes inclusion of restricted share units and dividend equivalents.
- F2 explains reporting person’s deferred compensation is held as “phantom” common-share equivalents under the Eversource Deferred Compensation Plan (non‑qualified); phantom shares represent the right to receive one common share on distribution and dividend-equivalents are reinvested and treated specially under SEC rule 16a-11.
- Filing timeliness: Form filed Feb 19, 2026; filed within the typical two-business-day window for Form 4 reporting.
Context
- This was an open-market sale by a trustee (not an exercise, gift, or award). Trustee sales can be for personal or estate planning reasons and are commonly routine; they should be interpreted with caution and not assumed to signal company fundamentals. For full holdings and related transactions, review the complete Form 4 and any linked company disclosures.