Form 4: Eversource Energy Executive VP Gregory B. Butler Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Executive VP & General Counsel of Eversource Energy, Gregory B. Butler, reports the sale of 12,000 common shares and holdings of 61,268 shares.

Summary

  • Gregory B. Butler, Executive VP & General Counsel of Eversource Energy, filed a Form 4 detailing changes in beneficial ownership.
  • On February 28, 2025, Butler sold 12,000 common shares at a weighted average price of $62.679 per share.
  • The sales occurred in multiple transactions with prices ranging from $62.67 to $62.71.
  • Following the transaction, Butler directly owns 61,268 common shares, including restricted share units and dividend equivalents.
  • Butler also indirectly owns 8,310 shares through the Eversource 401(k) Plan.
  • Additionally, Butler holds 285 phantom shares under the Eversource Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of an executive at Eversource Energy.

Stakeholder Impact

  • The sale of shares by an executive could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.

Key Dates

DateDescription
02/28/2025Date of stock sale transaction
03/03/2025Date of Form 4 filing

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