Evergy SVP receives stock awards, withholds shares
Evergy, Inc. senior vice president and chief nuclear officer Cleveland O. Reasoner III reported several equity-compensation transactions dated March 1, 2026.
Rhea-AI Filing Summary
Evergy, Inc. senior vice president and chief nuclear officer Cleveland O. Reasoner III reported several equity-compensation transactions dated March 1, 2026. He received an award of 11,256 shares of common stock in settlement of performance shares and a new grant of 3,841 restricted stock units. Separately, 4,009 restricted stock units vested and converted into common stock on a one-for-one basis. To cover withholding taxes on these settlements and vesting events, he relinquished 2,675 and 1,778 common shares back to Evergy. After these transactions, he directly held 23,815 shares of common stock and 15,981 restricted stock units, some of which will vest between 2027 and 2029 subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,009 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,841 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,256 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,675 | $83.66 | $224K |
| Exercise | Common Stock | 4,009 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,778 | $83.66 | $149K |
Footnotes (6)
- F1. Award of common stock in settlement of performance shares.
- F2. Relinquished to Evergy, Inc. ("Evergy") for withholding taxes incident to settlement of performance share units on March 1, 2026.
- F3. Reflects vesting of 3,526 restricted stock units (plus reinvested dividends related to those units).
- F4. Restricted stock units convert to stock on a one-for-one basis.
- F5. Relinquished to Evergy for withholding taxes incident to the vesting of restricted stock units on March 1, 2026.
- F6. Of the total restricted stock units reported, and subject to, continued employment, (i) 4,510 units (plus reinvested dividends related to those units) vest on March 1, 2027, (ii) 4,277 units (plus reinvested dividends related to those units) vest on March 1, 2028, (iii) 2,762 units (plus reinvested dividends related to those units), vest on October 7, 2028; and (iv) 3,841 units (plus reinvested dividends related to those units) vest on March 1, 2029.
FAQ
What insider transactions did Evergy (EVRG) executive Cleveland O. Reasoner III report?
What future vesting schedule applies to Cleveland Reasoner’s Evergy restricted stock units?
Do Cleveland Reasoner’s restricted stock units convert to Evergy common stock?
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