Eversource (NYSE: ES) EVP gets RSU and performance share grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eversource Energy executive Penelope M. Conner, EVP-Customer Experience & Energy Strategy, reported equity awards in company stock. On 01/27/2026 she acquired 3,194 restricted share units and 3,322 performance shares at a price of $0 per share as part of incentive plans.
After these awards, she directly holds 14,051 common shares, plus 1,056 common shares held indirectly through the Eversource 401k Plan. She also has 17,127 phantom shares in a deferred compensation plan, each linked one-for-one to Eversource common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Conner Penelope M
Role
EVP-Cust Exp & Energy Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, $5.00 par value | 3,194 | $0.00 | -- |
| Grant/Award | Common Shares, $5.00 par value | 3,322 | $0.00 | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Common Shares, $5.00 par value | -- | -- | -- |
Holdings After Transaction:
Common Shares, $5.00 par value — 10,729 shares (Direct);
Phantom Shares — 17,127 shares (Direct);
Common Shares, $5.00 par value — 1,056 shares (Indirect, By 401k Plan Trustee)
Footnotes (1)
- Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2027, 2028 and 2029. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares. Includes restricted share units and dividend equivalents thereon. Performance shares and dividend equivalent shares for the 2023-2025 Long-Term Incentive Program as determined on January 27, 2026. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper. Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11.
FAQ
What did Eversource Energy (ES) executive Penelope M. Conner report on this Form 4?
Penelope M. Conner reported receiving equity-based awards from Eversource Energy. These include restricted share units, performance shares, and additional phantom share holdings tied to Eversource common stock, all granted as part of company compensation and incentive programs rather than open-market purchases.
Were any cash payments involved in Penelope M. Conner’s Eversource (ES) stock awards?
No cash payments were reported for these awards. The 3,194 restricted share units and 3,322 performance shares were both reported at a price of $0 per share, reflecting equity compensation grants rather than purchases made on the open market or through a cash-funded transaction.