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Eversource Energy (NYSE: ES) EVP and COO reports equity award and tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Eversource Energy executive Paul Chodak III, EVP and COO, reported equity compensation-related transactions in company common shares. On January 27, 2026, he acquired 5,522 common shares at $0 as a grant of performance shares and related dividend equivalents for the 2023–2025 Long-Term Incentive Program. On February 12, 2026, he disposed of 5,886 common shares at $70.22 through a tax-withholding disposition to satisfy tax obligations tied to these awards. Following these transactions, he directly beneficially owned 41,608 common shares and indirectly held 750 common shares in the Eversource 401k Plan.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CHODAK PAUL III

(Last) (First) (Middle)
C/O EVERSOURCE ENERGY
300 CADWELL DRIVE

(Street)
SPRINGFIELD MA 01104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EVERSOURCE ENERGY [ ES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and COO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, $5.00 par value 02/12/2026 F 5,886(1) D $70.22 41,608(2) D
Common Shares, $5.00 par value(3) 01/27/2026 A 5,522(4) A $0 47,494(2) D
Common Shares, $5.00 par value 750(5) I 401k Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Disposition of common shares to satisfy tax withholding obligations.
2. Includes restricted share units and dividend equivalents thereon.
3. This line re-reports a line from a Form 4 filed by the reporting person on January 29, 2026 to reflect the number of dividend equivalents received in connection with the performance share award determined on January 27, 2026 because the original report inadvertently misreported the dividends.
4. Performance shares and dividend equivalent shares for the 2023-2025 Long-Term Incentive Program as determined on January 27, 2026.
5. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Chodak 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Eversource Energy (ES) report for Paul Chodak III?

Eversource Energy reported that EVP and COO Paul Chodak III received 5,522 common shares as a performance-based equity award and disposed of 5,886 shares to cover tax withholding obligations. After these transactions, he held 41,608 shares directly and 750 shares indirectly in the company’s 401k plan.

Was the Eversource Energy (ES) insider transaction a stock sale by Paul Chodak III?

The filing shows a tax-withholding disposition, not an open-market sale. Chodak transferred 5,886 shares at $70.22 per share to satisfy tax obligations arising from equity awards, rather than selling shares in a discretionary market trade.

What equity award did Paul Chodak III receive from Eversource Energy (ES)?

Paul Chodak III received 5,522 common shares at $0 as performance shares and related dividend equivalents for the 2023–2025 Long-Term Incentive Program. This award increased his direct beneficial ownership before subsequent tax-withholding-related share disposition.

How many Eversource Energy (ES) shares does Paul Chodak III own after the reported Form 4?

After the reported transactions, Paul Chodak III beneficially owned 41,608 Eversource Energy common shares directly and 750 shares indirectly through the Eversource 401k Plan. These figures include restricted share units and related dividend equivalents where disclosed.

What is the nature of Paul Chodak III’s indirect ownership of Eversource Energy (ES) shares?

His indirect ownership consists of 750 common shares held in trust under the Eversource 401k Plan, a qualified retirement plan. The share balance is based on information supplied by the plan’s record keeper, as noted in the Form 4 footnotes.
Eversource Energ

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