4Filed Aug 25, 8:00 PM ET
Eversource (ES) EVP Penelope M. Conner Sells 3,000 Shares
$ES · EVERSOURCE ENERGYResearch Summary
AI-generated summary of this SEC filing
Eversource (ES) EVP Penelope M. Conner Sells 3,000 Shares
What Happened
- Penelope M. Conner, Executive Vice President — Customer Experience & Energy Strategy at Eversource Energy, reported sales of 3,000 company shares in two open‑market transactions. She sold 1,500 shares on 2026-08-24 at $71.10 for $106,650, and 1,500 shares on 2026-08-25 at $71.50 for $107,250, for combined proceeds of $213,900. These were outright sales (transaction code S), which are often routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction dates and prices:
- 2026-08-24: 1,500 shares at $71.10 — $106,650
- 2026-08-25: 1,500 shares at $71.50 — $107,250
- Total shares sold: 3,000; Total proceeds: $213,900.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes in the filing:
- F1: References restricted share units and related dividend equivalents.
- F2: Some shares are held in trust under the Eversource 401(k) Plan (qualified plan) per the plan recordkeeper.
- F3: Includes deferred‑compensation "phantom" shares under the Eversource Deferred Compensation Plan that mirror common shares and are paid out on distribution events; dividend‑equivalent reinvestments are exempt from certain reporting.
- Filing timeliness: Form 4 filed 2026-08-26 (accession 0000072741-26-000093). Given the Aug 24–25 transaction dates, the filing appears timely under the two‑business‑day Form 4 rule.
Context
- Sales by executives can be for many reasons (portfolio rebalancing, tax or personal liquidity needs, planned trading programs). They are factual disclosures and should not be taken alone as a signal of company performance.