BUTLER GREGORY B 4
Research Summary
AI-generated summary
Eversource (ES) EVP & General Counsel Gregory Butler Sells 7,000 Shares
What Happened Gregory B. Butler, Executive Vice President & General Counsel of Eversource Energy (ES), reported an open-market sale of 7,000 shares on 2026-06-04 at $69.88 per share, for proceeds of $489,160. This was a sale (S) — not a purchase or option exercise.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-05 (timely filing).
- Shares sold: 7,000 at $69.88 each; total value reported: $489,160.
- Transaction type: Sale (reported as open market or private sale — listed as open-market sale).
- Shares owned after transaction: Not specified in the supplied filing details.
- Relevant footnotes from the filing:
- F1: Includes restricted share units and dividend equivalents.
- F2: Some shares held in trust under the Eversource 401(k) Plan per plan record keeper.
- F3: Deferred compensation phantom shares (non‑qualified plan) represent rights to receive common shares at distribution and are treated per Rule 16a‑11.
Context Sales by executives can be routine (tax planning, diversification, or plan-driven) and do not by themselves indicate management sentiment. This report documents an ordinary open-market sale; there is no indication in the filing of a 10b5-1 plan, gift, option exercise, or late filing.