Form 4: Eversource Energy Executive Joseph R. Nolan Jr. Reports Gift of Shares
SEC Form 4 Filing
Joseph R. Nolan Jr., Chairman, President, and CEO of Eversource Energy, reported a gift of 500 common shares to a charitable giving account on August 2, 2024.
Summary
- On August 2, 2024, Joseph R. Nolan Jr., Chairman, President, and CEO of Eversource Energy, gifted 500 common shares to a charitable giving account.
- Following the transaction, Nolan directly owns 101,982 common shares, which includes restricted share units and dividend equivalents.
- He also indirectly owns 23,453 shares through the Eversource 401k Plan and 68,849 phantom shares under the Eversource Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't convey any particular positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company executive and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The gift of shares by the CEO may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of the transaction (gift of shares) |
| 08/05/2024 | Date of signature on the Form 4 filing |
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