Campbell David A 4

What Happened

• David A. Campbell, President & CEO and Director of Evergy, received awards and converted restricted stock units on March 1, 2026. He was awarded 61,984 shares in settlement of performance shares and had restricted stock units vest/convert (reported as 22,077 shares). To cover withholding taxes, 22,975 shares (from the performance-share settlement) and 9,946 shares (from the RSU vesting) were relinquished to Evergy. The withheld shares generated proceeds of $1,922,089 and $832,082 respectively (total ≈ $2,754,171).

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely within the two-business-day rule).
• Awards / conversions:
  • 61,984 shares awarded (performance-share settlement).
  • 22,077 shares reported as exercise/conversion of derivatives (reflecting RSU vesting and reinvested dividends).
  • 25,235 restricted stock units were granted (subject to future vesting; see vesting schedule below).
• Tax withholding (dispositions):
  • 22,975 shares withheld @ $83.66 → $1,922,089
  • 9,946 shares withheld @ $83.66 → $832,082
  • Total shares withheld: 32,921; total proceeds ≈ $2,754,171
• Shares owned after the transactions: not specified in the provided filing.
• Relevant footnotes:
  • F1: Performance-share settlement produced the 61,984 shares.
  • F2 & F5: The relinquished/disposed shares were surrendered to Evergy to satisfy tax withholding obligations (i.e., cashless withholding, not open-market sales).
  • F3–F4 & F7: RSU vesting reflected 19,415 RSUs plus reinvested dividends (part of the 22,077 conversion), and 2,981 RSUs from dividend reinvestment were included.
  • F6: Remaining RSU schedule noted: ~25.2K units vest 3/1/2027, ~28.3K units vest 3/1/2028, and ~25.2K units vest 3/1/2029.
• Filing timeliness: Filed on March 3, 2026 for March 1 transactions — appears timely.

Context

• These transactions are largely administrative: awards/vesting of performance shares and RSUs combined with company tax-withholding (a common "cashless" process where the company retains shares to cover taxes). That withholding is recorded as a disposition on the Form 4 but is not an open-market sale by the insider.
• The filing also shows a grant of additional RSUs that vest in future years; these are not immediately exercisable shares.
• No 10b5-1 plan, gift, or other unusual sale notation is reported in the provided details.