Form 4: Eversource Energy Executive Buth Sells Shares
SEC Form 4 Filing
VP, Controller, and Chief Accounting Officer of Eversource Energy, Jay S. Buth, reports selling company shares.
Summary
- Jay S. Buth, VP, Controller, and Chief Accounting Officer of Eversource Energy, filed a Form 4 indicating changes in beneficial ownership.
- On February 21, 2025, Buth sold 980 common shares at $62.995 per share.
- On the same day, 529 shares held indirectly in the 401k Plan were disposed of at $63.37.
- Following these transactions, Buth directly owns 24,374 shares and indirectly owns 0 shares through the 401k Plan.
Sentiment
Score: 5
Explanation: Form 4 filings are neutral events. The sentiment is based on the fact that an executive sold shares, which could be interpreted as slightly negative, but it's a routine transaction.
Industry Context
Executive share sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the size of the sale relative to the executive's total holdings.
Stakeholder Impact
- The share sale could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of share sale and disposal of shares in 401k Plan |
| 02/24/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Eversource Energy, ES, Jay S. Buth, Share Sale, Executive, 401k Plan
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