Form 4: Eversource Energy Executive James W. Hunt III Reports Changes in Beneficial Ownership

Eversource Energy's EVP-Corp Rel & Sustainability, James W. Hunt III, reports disposition of shares to cover tax obligations and holdings in the 401k plan.

Summary

• James W. Hunt III, an executive at Eversource Energy, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On February 21, 2025, Mr. Hunt disposed of 606 common shares at a price of $63.38 to satisfy tax withholding obligations.
• Following this transaction, Mr. Hunt directly owns 35,965 common shares, which includes restricted share units and dividend equivalents.
• Mr. Hunt also indirectly owns 2,815 shares through the Eversource 401k Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't convey any strong positive or negative sentiment about the company's performance or future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment regarding the company's prospects. These filings are closely monitored by investors seeking insights into company performance and insider confidence.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The information is unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Eversource Energy, Executive Compensation, Stock Ownership, ES