Eversource (NYSE: ES) EVP gets RSU and performance share grants

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.

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

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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^*

Conner Penelope M

(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-Cust Exp & Energy Strategy

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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	01/27/2026		A		3,194(1)	A	$0	10,729(2)	D
Common Shares, $5.00 par value	01/27/2026		A		3,322(3)	A	$0	14,051(2)	D
Common Shares, $5.00 par value								1,056(4)	I	By 401k Plan Trustee

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
Phantom Shares	(5)							(5)	(5)	Common Shares, $5.00 par value	17,127(5)		17,127(5)	D

Explanation of Responses:

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.

2. Includes restricted share units and dividend equivalents thereon.

3. Performance shares and dividend equivalent shares for the 2023-2025 Long-Term Incentive Program as determined on January 27, 2026.

4. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.

5. 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.

	/s/ Kerry J. Tomasevich, attorney-in-fact for Ms. Conner	01/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

How many Eversource (ES) restricted share units did Penelope M. Conner receive?

She received 3,194 restricted share units that vest in three equal installments in 2027, 2028, and 2029. Each unit converts into one Eversource Energy common share, and the units earn dividend equivalents similar to regular shareholders during the vesting period under the company’s plan rules.

What performance shares were granted to Penelope M. Conner by Eversource Energy (ES)?

She was credited with 3,322 performance shares and related dividend equivalent shares for the 2023–2025 Long-Term Incentive Program. These awards were determined on January 27, 2026 and are settled in Eversource common shares, aligning compensation with long-term company performance results.

What are Penelope M. Conner’s total direct and indirect Eversource (ES) share holdings after the transactions?

After the reported awards, she directly holds 14,051 Eversource common shares. In addition, 1,056 common shares are held indirectly in the Eversource 401k Plan, and 17,127 phantom shares in a deferred compensation plan track the value of Eversource common stock for future distribution.

How do Eversource (ES) phantom shares work in Penelope M. Conner’s deferred compensation plan?

Her deferred compensation is nominally invested as 17,127 phantom shares, each representing one Eversource common share upon distribution after vesting. Additional phantom shares are issued when dividend equivalents are reinvested, mirroring dividends on the underlying stock as described in the plan documentation.

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.