EVP & General Counsel Butler sold 12,000 ES shares at $62.68 (−7.9% from 52-wk high)
Gregory B. Butler, Executive VP & General Counsel, sold 12,000 shares of Eversource Energy on 2025-02-28 at $62.68, reducing his holdings by 16.4% from 73.3K to 61.3K shares. The sale occurred below the 52-week high of $68.40, at a discount consistent with recent price momentum (stock up 9.2% over 30 days). Eversource faces challenging fundamentals: net income of $-116.2M in the latest quarter against $3.1B revenue, with flat annual revenue growth and a elevated P/E of 32.48. Butler's cross-ticker track record shows 2 prior open-market sells with a 90-day well-timed rate of 50.00%, while his prior ES sales (May 2024 and August 2023) yielded mixed results: the May sale proved well-timed with a 18.2% 90-day gain (stock rose after he exited), whereas the August sale captured only −12.5% over 90 days. This sale is modest in absolute and relative terms against his remaining stake.