Kim-linked trust trades Eversource Energy (ES) stock, selling 6,000 shares
Rhea-AI Filing Summary
Eversource Energy insider reporting person John Y. Kim, as trustee, reported mixed transactions involving company common shares held by the Caroline M. Kim Trust. The trust acquired 3,339 common shares on a grant/award basis, described as shares accumulated over time through dividend reinvestment that had not been previously reported, correcting the trust’s beneficial ownership records.
On the same date, the trust sold 6,000 common shares in an open-market transaction at a weighted average price of $73.57 per share, with individual sales ranging from $73.315 to $74.03. Following these indirect transactions, the trust held 12,339 common shares. Separately, Kim also reported 23,322 common shares held directly, which include restricted share units and related dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, $5.00 par value | 3,339 | $0.00 | -- |
| Sale | Common Shares, $5.00 par value | 6,000 | $73.57 | $441K |
| holding | Common Shares, $5.00 par value | -- | -- | -- |
Footnotes (1)
- Includes restricted share units and dividend equivalents thereon. Represents shares acquired over time pursuant to dividend reinvestment by a trust for which the Reporting Person is deemed to be the beneficial owner. These acquisitions were previously eligible for deferred reporting and were inadvertently not reported. This filing corrects the Reporting Person's previously reported beneficial ownership. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.315 to $74.03, inclusive. The reporting person undertakes to provide Eversource Energy, any security holder of Eversource Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold within the range set forth above.
