KING CHARLES L 4
4 · Evergy, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Evergy (EVRG) SVP/CTO Charles King Receives Award, Surrenders Shares
What Happened
- Charles L. King, SVP & Chief Technology Officer of Evergy (EVRG), received stock from awards/vesting and reported conversions of derivative units on March 1, 2026. The filing shows 7,806 shares acquired through grants/conversion (codes A and M) and 1,643 shares disposed under code F (withheld to satisfy tax withholding) at $83.66 per share, totaling $137,453 in value surrendered. The transactions reflect equity awards vesting/settlement rather than an open-market purchase or opportunistic sale.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely within filing window).
- Shares acquired: 4,608 (award), 1,641 (conversion/exercise of derivative), 1,557 (award) — total 7,806 acquired.
- Shares relinquished for taxes: 1,153 shares ($96,460) and 490 shares ($40,993) at $83.66 each — total relinquished 1,643 shares for $137,453.
- Reported derivative activity: M-code (exercise/conversion) for 1,641 shares (reported $0 cash price consistent with conversion of restricted/derivative units).
- Shares owned after transaction: not specified in the provided extract of the filing.
- Notable footnotes: awards settled as performance share units (PSUs) and restricted stock units (RSUs); some shares were withheld to satisfy tax withholding (routine). Footnotes note vesting detail: remaining RSUs generally vest 3/1/2027 (1,910), 3/1/2028 (1,769), and 3/1/2029 (1,557); 208 RSUs acquired via reinvested dividends (a portion accounted for here).
Context
- These transactions appear to be routine settlement/vesting of PSUs and RSUs with shares withheld to cover tax obligations (F = tax withholding), not an open-market sale (S) or a purchase (P). M-code indicates conversion/exercise of derivative securities (e.g., vested RSUs/PSUs converting to common stock). For retail investors: award vesting and tax-withholding disposals generally reflect compensation mechanics rather than an insider signaling a buy/sell view.
Insider Transaction Report
Form 4
Evergy, Inc.EVRG
KING CHARLES L
SVP & CHIEF TECHNOLOGY OFFICER
Transactions
- Award
Common Stock
[F1]2026-03-01+4,608→ 20,801 total - Tax Payment
Common Stock
[F2]2026-03-01$83.66/sh−1,153$96,460→ 19,648 total - Exercise/Conversion
Common Stock
[F3][F4]2026-03-01+1,641→ 21,289 total - Tax Payment
Common Stock
[F5]2026-03-01$83.66/sh−490$40,993→ 20,799 total - Exercise/Conversion
Restricted Stock Units
[F4][F3][F6][F7]2026-03-01−1,641→ 3,916 total→ Common Stock (1,641 underlying) - Award
Restricted Stock Units
[F4][F6]2026-03-01+1,557→ 5,473 total→ Common Stock (1,557 underlying)
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 1,444 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) 1,910 units (plus reinvested dividends related to those units) vest on March 1, 2027, (ii) 1,769 units (plus reinvested dividends related to those units) vest on March 1, 2028, and (iii) 1,557 units (plus reinvested dividends related to those units) vest on March 1, 2029.
- [F7]Includes 208 restricted stock units acquired through reinvestment of dividends, a portion of which is accounted for in the current transaction.
Signature
Executed on behalf of Charles L. King by Christie Dasek-Kaine, attorney-in-fact|2026-03-03