Eversource Energy (NYSE: ES) exec sells stock on back-to-back days
Rhea-AI Filing Summary
EVERSOURCE ENERGY (ES) executive Penelope M. Conner, EVP-Customer Experience & Energy Strategy, reported open-market sales of 1,500 common shares at $71.50 on August 25, 2026 and 1,500 shares at $71.10 on August 24, 2026, totaling 3,000 shares of direct holdings sold. She also reports 17,511 phantom shares in a deferred compensation plan, each tied to one common share, and 1,226 common shares held indirectly through the Eversource 401k Plan.
Positive
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Negative
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Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
4 txns
Insider
Conner Penelope M
Role
EVP-Cust Exp & Energy Strategy
Sold
3,000 shs ($214K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares, $5.00 par value F1 | 1,500 | $71.50 | $107K |
| Sale | Common Shares, $5.00 par value F1 | 1,500 | $71.10 | $107K |
| holding | Phantom Shares F3 | -- | -- | -- |
| holding | Common Shares, $5.00 par value F2 | -- | -- | -- |
Holdings After Transaction:
Common Shares, $5.00 par value — 7,556 shares (Direct);
Phantom Shares — 17,511 shares (Direct);
Common Shares, $5.00 par value — 1,226 shares (Indirect, By 401k Plan Trustee)
Footnotes (3)
- F1. Includes restricted share units and dividend equivalents thereon.
- F2. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
- F3. 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.
Key Figures
Shares sold 2026-08-25: 1,500 common shares at $71.50
Shares sold 2026-08-24: 1,500 common shares at $71.10
Total common shares sold: 3,000 common shares
+2 more
5 metrics
Shares sold 2026-08-25
1,500 common shares at $71.50
Open-market or private sale reported as code S on August 25, 2026
Shares sold 2026-08-24
1,500 common shares at $71.10
Open-market or private sale reported as code S on August 24, 2026
Total common shares sold
3,000 common shares
Sum of two reported sales of 1,500 shares each
Phantom shares underlying common
17,511 phantom shares
Deferred compensation nominally invested as common shares, each phantom share equals one common share
Indirect 401k holdings
1,226 common shares
Shares held in trust under the Eversource 401k Plan by the plan trustee
Key Terms
restricted share units, dividend equivalents, phantom shares, Deferred Compensation Plan, +1 more
5 terms
dividend equivalents financial
"Includes restricted share units and dividend equivalents thereon."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Deferred Compensation Plan financial
"under the Eversource Deferred Compensation Plan, a non-qualified plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
non-qualified plan financial
"Deferred Compensation Plan, a non-qualified plan, that is nominally invested"
FAQ
What insider transactions did ES executive Penelope M. Conner report?
Penelope M. Conner reported two open-market sales of Eversource Energy common shares: 1,500 shares at $71.50 on August 25, 2026 and 1,500 shares at $71.10 on August 24, 2026, for a total of 3,000 shares sold from direct holdings.
What type of security did Penelope M. Conner sell in the ES Form 4 filing?
She sold Common Shares, $5.00 par value of Eversource Energy. The reported transactions were coded “S,” described as a sale in open market or private transaction, and involved 1,500 shares on each of two consecutive days.
What indirect Eversource (ES) holdings does Penelope M. Conner have through retirement plans?
She reports 1,226 common shares held indirectly by the 401k Plan Trustee under the Eversource 401k Plan, a qualified retirement plan. The share balance is based on information supplied by the plan’s record keeper.
AI-generated analysis. How Rhea-AI works. Not financial advice.
