EVRG.NASDAQEvergy, INC

Form 4: Evergy Inc. Director C. John Wilder Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director C. John Wilder reports acquisition of deferred share units and indirect beneficial ownership of common stock in Evergy, Inc.

Summary

  • On October 1, 2024, C. John Wilder, a director of Evergy, Inc., reported changes in beneficial ownership.
  • Wilder acquired 545 director deferred share units as partial payment of retainer fees.
  • These units represent the right to receive one share of Evergy, Inc. common stock, plus stock reflecting reinvested dividends, and are converted to stock and distributed following termination of service on the Board.
  • Wilder also indirectly beneficially owns 2,657,473 shares of Evergy, Inc. common stock through BEP Special Situations V LLC.
  • Wilder disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  • The report also notes that 204 deferred share units were acquired through the reinvestment of dividend equivalents.
  • Following the reported transactions, Wilder directly owns 20,243 director deferred share units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating standard insider transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The director deferred share units are converted to stock and distributed following termination of service on the Board pursuant to elections made by the reporting person.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Key Dates

DateDescription
10/01/2024Date of earliest transaction: Acquisition of director deferred share units.
10/03/2024Date of Form 4 filing.

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