Form 4: Eversource Energy Executive Joseph R. Nolan Jr. Reports Gift of Common Shares

Joseph R. Nolan Jr., Chairman, President, and CEO of Eversource Energy, reported a gift of 2,000 common shares to a charitable giving account on February 20, 2025.

Summary

• On February 20, 2025, Joseph R. Nolan Jr., Chairman, President, and CEO of Eversource Energy, gifted 2,000 common shares to a qualified charitable giving account.
• Following the transaction, Nolan directly owns 141,558 common shares, including restricted share units and dividend equivalents.
• He also indirectly owns 24,275 shares through the Eversource 401k Plan and 70,439 phantom shares under the Eversource Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The gift to charity is a positive but not significantly impactful.

Positives

• The gift to a charitable organization may be viewed positively from a corporate social responsibility perspective.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.

Stakeholder Impact

• The gift of shares has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates

Keywords

Eversource Energy, Joseph R. Nolan Jr., Form 4, Beneficial Ownership, Common Shares, Charitable Gift, 401k Plan, Deferred Compensation Plan, ES