Form 4: Eversource Energy Executive Buth Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jay S. Buth, VP, Controller, and Chief Accounting Officer of Eversource Energy, disposed of 452 common shares to satisfy tax withholding obligations on February 19, 2025.
Summary
- On February 19, 2025, Jay S. Buth, VP, Controller, and Chief Accounting Officer of Eversource Energy, disposed of 452 common shares to cover tax obligations.
- The transaction was executed at a price of $61.54 per share.
- Following the transaction, Buth directly owns 25,354 common shares, including restricted share units and dividend equivalents.
- Buth also indirectly owns 506 shares through the Eversource 401k Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate a significant shift in the executive's holdings or confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of the stock transaction (disposal of shares). |
| 02/20/2025 | Date of signature by attorney-in-fact for Mr. Buth. |
Keywords
Eversource Energy, Insider Trading, Form 4, Executive Compensation, Stock Transaction, Jay S. Buth, ES
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