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Eversource Energy logoEversource Energy ES

The company said the Compensation Committee of the Board of Trustees approved an amendment to the Eversource Supplemental Executive Retirement Program to add the Eversource Supplemental Cash Balance Pension Plan.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the Compensation Committee of the Board of Trustees approved an amendment to the Eversource Supplemental Executive Retirement Program to add the Eversource Supplemental Cash Balance Pension Plan.

  2. Eversource said the Supplemental Executive Retirement Program, as amended to include the Eversource Supplemental Cash Balance Pension Plan, takes effect on January 1, 2025.

  3. The company said it attached the Supplemental Executive Retirement Program, as amended to include the Cash Balance Pension Plan, as Exhibit 10.1 and incorporated it by reference.

  4. The company said this 8-K reports executive compensation arrangements under Item 5.02(e), with the earliest event reported on December 3, 2024 and the signature date on December 6, 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board Approves Amendment to Supplemental Executive Retirement Program

The company said the Compensation Committee of the Board of Trustees approved an amendment to the Eversource Supplemental Executive Retirement Program to add the Eversource Supplemental Cash Balance Pension Plan.

Source · Based on the filing body and exhibits

Amended Plan Effective Date January 1, 2025

Eversource said the Supplemental Executive Retirement Program, as amended to include the Eversource Supplemental Cash Balance Pension Plan, takes effect on January 1, 2025.

Source · Based on the filing body and exhibits

Amended Program Filed as Exhibit 10.1

The company said it attached the Supplemental Executive Retirement Program, as amended to include the Cash Balance Pension Plan, as Exhibit 10.1 and incorporated it by reference.

Source · Based on the filing body and exhibits

Item 5.02 Reporting Scope and Report Date

The company said this 8-K reports executive compensation arrangements under Item 5.02(e), with the earliest event reported on December 3, 2024 and the signature date on December 6, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.