Form 4: Eversource Energy Executive Sgroi Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Eversource Energy's EVP, HR and IT, Susan Sgroi, disposed of 803 common shares to satisfy tax withholding obligations on February 18, 2025.
Summary
- On February 18, 2025, Susan Sgroi, EVP, HR and IT at Eversource Energy, disposed of 803 common shares to cover tax obligations.
- The transaction was executed at a price of $61.54 per share.
- Following the transaction, Ms. Sgroi directly owns 11,879 common shares, which includes restricted share units and dividend equivalents.
- She also indirectly owns 470 shares held in trust under the Eversource 401k Plan.
Sentiment
Score: 5
Explanation: The document is a routine filing related to an executive's stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Disposal of common shares to satisfy tax withholding obligations. |
| 02/20/2025 | Date of signature by attorney-in-fact. |
Keywords
Eversource Energy, Susan Sgroi, Form 4, Share Disposal, Tax Withholding, Executive, ES
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