Form 4: Eversource Energy Executive Penelope M. Conner Reports Stock Sale
SEC Form 4 Filing
Eversource Energy's EVP Penelope M. Conner reports the sale of 2,700 common shares at an average price of $58.753.
Summary
- Penelope M. Conner, an Executive Vice President at Eversource Energy, reported a transaction involving the company's common stock.
- On May 31, 2024, Conner sold 2,700 common shares at a weighted average price of $58.753.
- The sale was executed at prices ranging from $58.51 to $59.00.
- Following the transaction, Conner directly owns 10,272 common shares, including restricted share units and dividend equivalents.
- Conner also indirectly owns 645 shares through the Eversource 401k Plan and 15,798 phantom shares through the Eversource Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider trading activities.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock sale transaction |
| 06/04/2024 | Date of Form 4 filing |
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