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Eversource Energy (NYSE: ES) VP updates holdings after 401k plan transaction

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Eversource Energy executive Jay S. Buth, VP, Controller and Chief Accounting Officer, reported routine updates to his share holdings. A discretionary transaction under Rule 16b-3(f) involved 407.231 common shares held through the Eversource 401k Plan at $68.81 per share, leaving no remaining indirect shares in the plan. Following these updates, he directly holds 27,411 common shares, which the filing notes include deferred shares, restricted share units and related dividend equivalents.

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Insider BUTH JAY S.
Role VP, Controller, Chief Acct Off
Type Security Shares Price Value
I Common Shares, $5.00 par value 407.231 $68.81 $28K
holding Common Shares, $5.00 par value -- -- --
Holdings After Transaction: Common Shares, $5.00 par value — 0 shares (Indirect, 401k Plan); Common Shares, $5.00 par value — 27,411 shares (Direct, null)
Footnotes (1)
  1. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper. Includes deferred shares, restricted share units and dividend equivalents thereon.
Discretionary 401k transaction 407.231 shares Common shares in Eversource 401k Plan at $68.81 per share
401k transaction price $68.81/share Price for 407.231 common shares in discretionary transaction
Direct holdings after update 27,411 shares Common shares held directly after Form 4, including awards
Indirect 401k holdings after update 0.0000 shares Common shares in Eversource 401k Plan following transaction
Discretionary transaction under Rule 16b-3(f) regulatory
"transaction_code_description: Discretionary transaction under Rule 16b-3(f)"
401k Plan financial
"nature_of_ownership: 401k Plan"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
deferred shares financial
"Includes deferred shares, restricted share units and dividend equivalents thereon."
Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.
restricted share units financial
"Includes deferred shares, 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 deferred shares, 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.
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*
BUTH JAY S.

(Last)(First)(Middle)
C/O EVERSOURCE ENERGY
107 SELDEN STREET

(Street)
BERLIN CONNECTICUT 06037

(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)
VP, Controller, Chief Acct Off
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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 value05/14/2026I407.231D$68.810(1)I401k Plan
Common Shares, $5.00 par value27,411(2)D
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
Explanation of Responses:
1. Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
2. Includes deferred shares, restricted share units and dividend equivalents thereon.
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Buth05/18/2026
** 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 ES executive Jay S. Buth report on this Form 4?

Jay S. Buth reported a discretionary transaction involving 407.231 common shares in the Eversource 401k Plan at $68.81 per share under Rule 16b-3(f), along with an updated holding entry.

How many Eversource Energy (ES) shares does Jay S. Buth hold after the transaction?

After the reported activity, Jay S. Buth directly holds 27,411 common shares of Eversource Energy. The filing states this amount includes deferred shares, restricted share units and related dividend equivalents on those awards.

What happened to Jay S. Buth’s Eversource 401k Plan shares in this Form 4?

The Form 4 shows a discretionary transaction under Rule 16b-3(f) for 407.231 common shares in the Eversource 401k Plan. After this transaction, his indirect holdings in the 401k Plan are reported as 0.0000 shares.

Was the ES Form 4 transaction a buy or sell of common shares?

The Form 4 characterizes the activity as a discretionary transaction under Rule 16b-3(f), not as a standard open-market buy or sell. The transaction code is shown as I, with no buy or sell flag recorded.

What types of awards are included in Jay S. Buth’s reported ES share balance?

The filing notes that his reported 27,411 common shares include deferred shares, restricted share units and related dividend equivalents. This means his total reflects both actual shares and certain equity-based compensation awards.