Form 4: Eversource Energy Executive Penelope Conner Reports Stock Sale and 401k Holdings

Eversource Energy's EVP Penelope M. Conner reports the sale of 2,600 common shares and holdings in the company's 401k plan.

Summary

• Penelope M. Conner, EVP-Cust Exp & Energy Strategy at Eversource Energy, filed a Form 4 detailing changes in beneficial ownership.
• On May 20, 2025, Conner sold 2,600 common shares at $64 per share.
• Following the transaction, Conner directly owns 10,988 common shares, including restricted share units and dividend equivalents.
• Conner also indirectly owns 893 shares through the Eversource 401k Plan.
• Additionally, Conner holds 16,565 phantom shares through the Eversource Deferred Compensation Plan, each representing the right to receive one common share upon a distribution event after vesting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.

Stakeholder Impact

• The stock sale by an executive could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future, but it is a relatively small transaction.

Key Dates

Keywords

Form 4, beneficial ownership, Eversource Energy, stock sale, Penelope Conner, common shares, 401k plan, phantom shares, deferred compensation