Form 4: Eversource Energy Trustee Frederica M. Williams Reports Sale of Common Shares

Sentiment:

SEC Form 4 Filing


Frederica M. Williams, a trustee of Eversource Energy, reported selling 2,714 common shares at an average price of $57.604 on February 26, 2024.

Summary

  • On February 26, 2024, Frederica M. Williams, a trustee of Eversource Energy, sold 2,714 common shares.
  • The shares were sold at a weighted average price of $57.604, with individual transactions ranging from $57.604 to $57.610.
  • Following the transaction, Williams beneficially owns 21,621 common shares, including restricted share units and dividend equivalents.
  • Williams also holds 1,477 phantom shares under the Eversource Deferred Compensation Plan, each representing the right to receive one common share upon vesting and a distribution event.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a sale of shares by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company insiders. It's a standard practice for publicly traded companies and their executives or trustees.

Stakeholder Impact

  • The sale of shares by a trustee could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates

DateDescription
02/26/2024Date of the transaction: sale of 2,714 common shares.
02/28/2024Date of signature by attorney-in-fact for Ms. Williams.

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