Form 4: Eversource Energy Executive Penelope M. Conner Sells Shares
SEC Form 4 Filing
Penelope M. Conner, an executive at Eversource Energy, sold 500 common shares at an average price of $64.936 on August 9, 2024.
Summary
- On August 9, 2024, Penelope M. Conner, EVP-Cust Exp & Energy Strategy at Eversource Energy, sold 500 common shares of the company.
- The shares were sold at a weighted average price of $64.936, with individual transactions ranging from $64.93 to $64.94.
- Following the transaction, Conner directly owns 9,847 common shares, including restricted share units and dividend equivalents.
- Conner also indirectly owns 648 shares through the Eversource 401k Plan and 15,997 phantom shares through the Eversource Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of the transaction: sale of 500 common shares. |
| 08/13/2024 | Date of signature of the Form 4 filing. |
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