Form 4: Sgroi Susan reports disposition transactions in ES
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sgroi Susan reported disposition transactions in a Form 4 filing for ES. The filing lists transactions totaling 837 shares at a weighted average price of $70.22 per share. Following the reported transactions, holdings were 15,775 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sgroi Susan
Role
EVP, HR and IT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, $5.00 par value | 837 | $70.22 | $59K |
| holding | Common Shares, $5.00 par value | -- | -- | -- |
Holdings After Transaction:
Common Shares, $5.00 par value — 15,775 shares (Direct)
Footnotes (1)
- Disposition of common shares to satisfy tax withholding obligations. Includes restricted share units and dividend equivalents thereon. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
FAQ
What insider transaction did Eversource Energy (ES) report for Susan Sgroi?
Eversource Energy reported that EVP Susan Sgroi disposed of 837 common shares to cover tax withholding obligations. The shares were valued at $70.22 each and reflect a tax-withholding disposition, not an open-market sale of stock.
Was the Eversource Energy (ES) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 837 common shares were used to satisfy tax obligations at $70.22 per share, consistent with transaction code F for covering tax liability using shares.
What does transaction code F mean in the Eversource Energy (ES) Form 4?
Transaction code F on the Form 4 indicates payment of a tax liability or exercise price by delivering securities. For Susan Sgroi, 837 shares were disposed of specifically to satisfy tax withholding obligations tied to her equity compensation.
What role does Susan Sgroi hold at Eversource Energy (ES) in this Form 4 filing?
In the Form 4, Susan Sgroi is identified as an officer of Eversource Energy with the title EVP, HR and IT. Her position explains why equity awards and related tax-withholding share dispositions are reported under insider trading disclosure rules.