[Form 4] Evergy, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Lesley L. Elwell, SVP & Chief People Officer of Evergy, Inc. (EVRG), reported an open-market sale of 8,000 shares of Evergy common stock on 09/15/2025 at a price of $72.33 per share. Following that sale, the filing shows 499 shares directly owned (including 90 acquired via dividend reinvestment) and 12,868 restricted stock units beneficially owned that convert one-for-one into common shares. The restricted stock units are subject to time-based vesting in tranches on March 1, 2026, March 1, 2027, and March 1, 2028, with stated unit counts for each vesting date and some units acquired through dividend reinvestment.

Positive

• Disclosure of detailed vesting schedule for 12,868 restricted stock units provides transparency on future share issuance timing
• Continued equity alignment: the reporting person retains 12,868 RSUs that convert one-for-one to common stock

Negative

• Officer sale of 8,000 shares reported, which may be viewed as a reduction in immediate insider holdings

Insights

Corporate Governance Expert

TL;DR: Officer sold 8,000 shares; substantial vested and unvested equity remains with detailed vesting schedule.

The Form 4 discloses a routine open-market disposition by a senior officer of Evergy. The sale quantity and price are explicit and the filing also clarifies continuing economic alignment via 12,868 restricted stock units that convert one-for-one to common shares and vest in defined tranches through 2028. The filing was executed by attorney-in-fact on behalf of the reporting person. No additional compensatory grant amounts, option exercises, or other derivative transactions are reported beyond the RSU holdings.

Securities Analyst

TL;DR: Transaction is a disclosed officer sale with transparent post-transaction holdings and vesting schedule, presenting neutral governance information.

The sale of 8,000 shares at $72.33 is clearly documented. Post-sale direct ownership of 499 shares and 12,868 RSUs are disclosed with vesting split across March 1, 2026, March 1, 2027, and March 1, 2028, and some units reflect dividend reinvestment. The filing does not state reasons for the sale, nor any derivative exercises, so the market impact is likely limited absent other material disclosures.

SEC Form 4

FORM 4

UNITED 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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Elwell Lesley Lissette

(Last) (First) (Middle)

C/O EVERGY, INC.

1200 MAIN STREET

(Street)

KANSAS CITY MO 64105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Evergy, Inc. [ EVRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CHIEF PEOPLE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		S		8,000	D	$72.33	499(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)							(3)	(3)	Common Stock	12,868		12,868(4)	D

Explanation of Responses:

1. Includes 90 shares acquired through reinvested dividends.

2. Restricted stock units convert to stock on a one-for-one basis.

3. Of the total restricted stock units reported, and subject to, in general, continued employment, (i) 2,069 units (plus reinvested dividends related to those units) vest on March 1, 2026, (ii) 2,339 units (plus reinvested dividends related to those units) vest on March 1, 2026, (iii) 2,753 units (plus reinvested dividends related to those units) vest on March 1, 2027, (iv) 2,339 units (plus reinvested dividends related to those units) vest on March 1, 2027, and (v) 2,573 units (plus reinvested dividends related to those units) vest on March 1, 2028.

4. Includes 252 restricted stock units acquired through reinvestment of dividends.

	Executed on behalf of Lesley L. Elwell by Christie Dasek-Kaine, attorney-in-fact	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Lesley L. Elwell report for EVRG?

The Form 4 reports an open-market sale of 8,000 shares of Evergy common stock on 09/15/2025 at $72.33 per share.

How many shares does Lesley L. Elwell beneficially own after the reported transaction?

After the reported sale, the filing shows 499 shares directly owned (including 90 from dividend reinvestment) and 12,868 restricted stock units beneficially owned.

When do the restricted stock units held by Lesley L. Elwell vest?

The RSUs vest in tranches: 2,069 and 2,339 units vest on March 1, 2026, 2,753 and 2,339 units vest on March 1, 2027, and 2,573 units vest on March 1, 2028; some units include reinvested dividends.

Were any derivative transactions reported in this Form 4 for EVRG?

No derivative transactions such as option exercises, puts, calls, or warrants are reported other than the disclosure of restricted stock units that convert one-for-one to common stock.

Who executed the Form 4 filing on behalf of the reporting person?

The filing was executed on behalf of Lesley L. Elwell by Christie Dasek-Kaine, attorney-in-fact on 09/16/2025.