Conner Penelope M 4
Research Summary
AI-generated summary
Eversource (ES) EVP Penelope M. Conner Sells 1,400 Shares
What Happened
- Penelope M. Conner, EVP — Customer Experience & Energy Strategy at Eversource Energy (ES), sold 1,400 shares in an open-market transaction on March 4, 2026. The shares were disposed at $75.00 each for a total transaction value of $105,000. This was a sale (S), which is often routine and does not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date and price: 2026-03-04, 1,400 shares @ $75.00 (total $105,000).
- Transaction type: Open-market sale (code S).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing date/timeliness: Form 4 filed 2026-03-06 — within the normal two-business-day SEC reporting window.
- Notable footnotes from the filing:
- F1: Holding counts may include restricted share units and dividend equivalents.
- F2: Some shares may be held in a 401(k) plan per the plan record keeper.
- F3: Includes phantom shares under the Eversource Deferred Compensation Plan (rights to future shares; dividend-equivalents reinvested).
Context
- This was a straightforward open-market sale of common stock (not an option exercise, gift, or award). Sales by executives can be routine (for diversification, taxes, or liquidity), so they should be interpreted cautiously and not taken alone as a signal about company prospects.