NOLAN JOSEPH R JR 4

4 · EVERSOURCE ENERGY · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 6, 2026

Eversource (ES) CEO Joseph R. Nolan Jr. Gifts 94,981 Shares

What Happened

Joseph R. Nolan Jr., Chairman of the Board, President & CEO of Eversource Energy, made a disposition on March 6, 2026, by gifting 94,981 common shares. The Form 4 reports the transaction as a gift (code G) at $0.00 per share (total reported $0), meaning this was a transfer for estate‑planning purposes rather than a market sale.

Key Details

Transaction date: 2026-03-06; transaction type: Gift (G).
Shares transferred: 94,981; reported price per share: $0.00; reported total value: $0.
Shares owned after the transaction: not specified in the provided excerpt of the filing.
Footnote F1: Gift was to an irrevocable trust for the benefit of the reporting person's adult children; administered by two independent trustees; Mr. Nolan does not retain the power to revoke the trust or to vote or dispose of the securities—so he no longer has beneficial ownership for Section 16 purposes.
Other footnotes (F2–F4) reference restricted share units/dividend equivalents, shares in the Eversource 401(k) plan, and phantom shares under the deferred compensation plan (these affect overall holdings reporting).
Filing timeliness: filing date and report date both 2026-03-06—no late filing indicated in the provided data.

Context

A gift/transfer to an irrevocable trust is generally an estate‑planning move and does not necessarily signal insider sentiment about the company's prospects. It differs from an open‑market sale (which can reflect liquidity needs) or a purchase (which can be a bullish signal).
Because this was a non‑market transfer (gift), the reported $0 price reflects legal form, not market value; retail investors should not interpret the $0 as the economic value of the shares.

Form 4

Period: 2026-03-06

Chairman of the Bd, Pres & CEOOther

Transactions

Holdings

Footnotes (4)

[F1]This transaction represents a bona fide gift of shares by the Reporting Person to an irrevocable trust established for estate planning purposes for the benefit of the Reporting Person's adult children. The trust is administered by two independent trustees, and the Reporting Person does not retain the power to revoke the trust or to vote or dispose of the securities held by the trust. Accordingly, following the transfer, the Reporting Person does not retain beneficial ownership of the shares for purposes of Section 16.
[F2]Includes restricted share units and dividend equivalents thereon.
[F3]Shares held in trust under the Eversource 401k Plan a qualified plan, as of March 5, 2026, according to information supplied by the Plan's record keeper.
[F4]Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11.

Signature

/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Nolan|2026-03-06

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