Eversource (NYSE: ES) EVP Paul Chodak granted new RSUs and performance shares

Rhea-AI Filing Summary

Eversource Energy EVP and COO Paul Chodak III reported equity awards of company stock. On January 27, 2026, he acquired 7,795 restricted share units that vest in three equal installments on February 15, 2027, 2028 and 2029, each unit convertible into one common share and earning dividend equivalents.

He also acquired 6,067 performance shares and related dividend equivalent shares for the 2023–2025 Long-Term Incentive Program, both at a reported price of $0 per share as compensation. Following these grants, he beneficially owned 48,038 common shares directly and 496 shares indirectly through the Eversource 401k Plan.

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^*

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)
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		7,795(1)	A	$0	41,971(2)	D
Common Shares, $5.00 par value	01/27/2026		A		6,067(3)	A	$0	48,038(2)	D
Common Shares, $5.00 par value								496(4)	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. 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.

	/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Chodak	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 insider transaction did Eversource Energy (ES) report for Paul Chodak?

Eversource Energy reported that EVP and COO Paul Chodak III received equity awards on January 27, 2026. He acquired 7,795 restricted share units and 6,067 performance shares as part of long-term incentive and compensation programs, increasing his beneficial ownership in Eversource common shares.

How many Eversource (ES) shares does Paul Chodak own after this Form 4?

After the reported transactions, Paul Chodak beneficially owned 48,038 Eversource common shares directly and 496 shares indirectly through the Eversource 401k Plan. These totals reflect the impact of the newly granted restricted share units and performance-based share awards recorded on January 27, 2026.

What are the terms of Paul Chodak’s new restricted share units at Eversource (ES)?

Paul Chodak received 7,795 restricted share units that vest in three equal installments on February 15, 2027, 2028 and 2029. Each unit converts into one Eversource common share and entitles him to dividend equivalents consistent with dividends paid on the underlying common shares.

What performance-based shares did Paul Chodak receive from Eversource (ES)?

He was awarded 6,067 performance shares and related dividend equivalent shares tied to Eversource’s 2023–2025 Long-Term Incentive Program, determined on January 27, 2026. These awards function as stock-based compensation and increase his reported beneficial ownership of Eversource common shares.

How are dividend equivalents handled on Paul Chodak’s Eversource (ES) RSUs?

Dividend equivalents on Paul Chodak’s restricted share units are credited to him to the same extent dividends are paid on Eversource common shares. These dividend equivalent amounts are exempt from separate line item reporting under SEC Rule 16a-11 but are included in the overall RSU disclosures.

What indirect Eversource (ES) holdings does Paul Chodak report?

In addition to directly held shares and awarded units, Paul Chodak reports 496 Eversource common shares held indirectly through the Eversource 401k Plan. These shares are held in trust within the qualified retirement plan, based on information from the plan’s record keeper for reporting purposes.