STOCK TITAN

Eversource Energy (NYSE: ES) EVP sells 7,000 shares at $69.88

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

EVERSOURCE ENERGY Executive VP and General Counsel Gregory B. Butler sold 7,000 common shares at $69.88 per share in an open-market transaction. After the sale, he directly holds 56,179 common shares.

He also has 8,952 common shares held indirectly through the Eversource 401(k) Plan and 301 phantom shares in a deferred compensation plan, each tied to one common share upon distribution after vesting.

Positive

  • None.

Negative

  • None.
Insider BUTLER GREGORY B
Role Executive VP & General Counsel
Sold 7,000 shs ($489K)
Type Security Shares Price Value
Sale Common Shares, $5.00 par value 7,000 $69.88 $489K
holding Phantom Shares -- -- --
holding Common Shares, $5.00 par value -- -- --
Holdings After Transaction: Common Shares, $5.00 par value — 56,179 shares (Direct, null); Phantom Shares — 301 shares (Direct, null); Common Shares, $5.00 par value — 8,952 shares (Indirect, By 401(k) Plan Trustee)
Footnotes (1)
  1. 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. 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.
Shares sold 7,000 shares Open-market sale of common shares
Sale price $69.88 per share Price for 7,000 common shares sold
Direct holdings after sale 56,179 shares Common shares held directly after transaction
Indirect 401(k) holdings 8,952 shares Common shares held by 401(k) Plan trustee
Phantom shares underlying 301 shares Common shares underlying phantom share units
Phantom Shares financial
"Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares."
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
restricted share units financial
"Includes restricted share units and dividend equivalents thereon."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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.
Eversource 401k Plan financial
"Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper."
Deferred Compensation Plan financial
"Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares."
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.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
BUTLER GREGORY B

(Last)(First)(Middle)
C/O EVERSOURCE ENERGY
56 PROSPECT STREET

(Street)
HARTFORD CONNECTICUT 06103

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EVERSOURCE ENERGY [ ES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP & General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares, $5.00 par value06/04/2026S7,000D$69.8856,179(1)D
Common Shares, $5.00 par value8,952(2)IBy 401(k) 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Shares(3) (3) (3)Common Shares, $5.00 par value301(3)301(3)D
Explanation of Responses:
1. Includes restricted share units and dividend equivalents thereon.
2. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
3. 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 Mr. Butler06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did EVERSOURCE ENERGY (ES) report for Gregory B. Butler?

Gregory B. Butler sold 7,000 Eversource Energy common shares at $69.88 each. The Form 4 shows this was an open-market sale of common shares, reducing his direct stake but leaving a sizable remaining holding.

How many EVERSOURCE ENERGY shares does Gregory B. Butler hold after this Form 4 sale?

After the sale, Butler directly holds 56,179 common shares. In addition, he has 8,952 common shares held indirectly through the Eversource 401(k) Plan and 301 phantom shares linked to deferred compensation.

What price did Gregory B. Butler receive per EVERSOURCE ENERGY share sold?

Butler’s 7,000 common shares were sold at $69.88 per share. This price reflects the transaction value disclosed in the Form 4 as an open-market or private sale of Eversource Energy common shares.

What are the indirect EVERSOURCE ENERGY holdings reported for Gregory B. Butler?

Butler’s indirect holdings include 8,952 common shares in the Eversource 401(k) Plan. These shares are held in trust by the plan’s trustee, based on information from the plan’s record keeper, as described in the filing footnotes.

What does Gregory B. Butler’s phantom share position in EVERSOURCE ENERGY represent?

Butler holds 301 phantom shares tied to Eversource common shares. These represent deferred compensation nominally invested as common shares and entitle him to receive one common share per phantom share upon a distribution event after vesting.

Did the EVERSOURCE ENERGY Form 4 include any option exercises for Gregory B. Butler?

The Form 4 does not report any option exercises for Butler. It shows one open-market sale of 7,000 common shares and separate holding entries for 401(k) plan shares and phantom shares as deferred compensation.