KING CHARLES L 4

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.