Caisley Charles A. 4
4 · Evergy, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Evergy (EVRG) EVP Charles Caisley Receives Award, Surrenders Shares for Taxes
What Happened Charles A. Caisley, Executive Vice President & Chief Customer Officer of Evergy (EVRG), received awards and converted equity awards on March 1, 2026. The filing shows he was awarded/received a total of 15,301 shares (10,766 and 4,535 in two award entries) related to performance share units (PSUs) and restricted stock units (RSUs). To satisfy withholding taxes on the settlements/vestings, Caisley relinquished (disposed) 4,473 shares, with reported withholding values of $231,069 and $143,142 (total $374,211). The Form 4 also reports conversion/exercise of derivative awards totaling 3,836 shares and the vesting/conversion of RSUs noted in the footnotes.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (no late filing indicated).
- Main codes: A = Award/Grant, M = Exercise/Conversion of derivative, F = Payment of exercise price or tax liability (shares withheld).
- Shares awarded/received: 10,766 and 4,535 (total 15,301).
- Shares surrendered for tax withholding: 2,762 and 1,711 (total 4,473), reported value withheld = $374,211.
- Derivative activity: conversions/exercises reported for 3,836 shares (see filing).
- Shares owned after transaction: not specified in this Form 4.
- Footnotes: awards include settlement of PSUs (F1), RSU vesting and conversion one-for-one to common stock (F3–F5), and a detailed RSU vesting schedule through 2029 (F6). 249 RSUs from dividend reinvestment are included in the totals (F7).
Context
- These transactions are largely award/vesting events and routine tax-withholding (shares surrendered to the company to cover taxes), not open-market purchases or sales. Such share relinquishments are common when equity awards vest.
- For derivatives/RSU conversions: restricted stock units convert one-for-one into shares on vesting; the filing shows some converted/exercised awards and some remaining RSUs subject to future vesting dates per the schedule in the footnotes.
- No indication this is a purchase signal; the key takeaway for investors is that this was equity compensation settlement and tax withholding, not a discretionary sale into the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-01+10,766→ 49,214 total - Tax Payment
Common Stock
[F2]2026-03-01$83.66/sh−2,762$231,069→ 46,452 total - Exercise/Conversion
Common Stock
[F3][F4]2026-03-01+3,836→ 50,288 total - Tax Payment
Common Stock
[F5]2026-03-01$83.66/sh−1,711$143,142→ 48,577 total - Exercise/Conversion
Restricted Stock Units
[F4][F3][F6][F7]2026-03-01−3,836→ 22,727 total→ Common Stock (3,836 underlying) - Award
Restricted Stock Units
[F4][F6]2026-03-01+4,535→ 27,262 total→ Common Stock (4,535 underlying)
- 59(indirect: By Daughter)
Common Stock
- 418(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]Award of common stock in settlement of performance share units.
- [F2]Relinquished to Evergy, Inc. ("Evergy") for withholding taxes incident to settlement of performance share units on March 1, 2026.
- [F3]Reflects vesting of 3,373 restricted stock units (plus reinvested dividends related to those units).
- [F4]Restricted stock units convert to stock on a one-for-one basis.
- [F5]Relinquished to Evergy for withholding taxes incident to the vesting of restricted stock units on March 1, 2026.
- [F6]Of the total restricted stock units reported, and subject to, in general, continued employment, (i) 1,637 units (plus reinvested dividends related to those units) vest on October 7, 2026, (ii) 4,371 units (plus reinvested dividends related to those units) vest on March 1, 2027, (iii) 1,637 units (plus reinvested dividends related to those units) vest on October 7, 2027, (iv) 4,594 units (plus reinvested dividends related to those units) vest on March 1, 2028, (v) 9,666 units (plus reinvested dividends related to those units) vest on October 7, 2028, and (vi) 4,535 units (plus reinvested dividends related to those units) vest on March 1, 2029.
- [F7]Includes 249 restricted stock units acquired through reinvestment of dividends, a portion of which is accounted for in the current transaction.