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Eversource Energy said its Board of Trustees elected Warren Robert Mudge as a Trustee, effective January 1, 2026, at a meeting on December 3, 2025. The company also appointed Mr. Mudge as a member of the Audit Committee and the Finance and Risk Management Committee.

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

Key points

AI summary
  1. Eversource Energy said its Board of Trustees elected Warren Robert Mudge as a Trustee, effective January 1, 2026, at a meeting on December 3, 2025. The company also appointed Mr. Mudge as a member of the Audit Committee and the Finance and Risk Management Committee.

  2. Eversource said it will pay Mr. Mudge an annual cash retainer of $125,000 for service on the Board and will grant him Restricted Stock Units under the Eversource Incentive Plan on January 15, 2026 equal to the number resulting from dividing $175,000 by the average closing price of Eversource Energy common shares on the New York Stock Exchange for the 10 trading days immediately preceding the date of grant, rounded to the nearest whole RSU.

  3. Eversource said Mr. Mudge, age 65, worked at Verizon Communications from 1983 to 2017 and served as Chief Operating Officer and Executive Vice President for 7 years, and was Chief Executive Officer of Brightspeed Communications from 2021 to 2023. The company explained there is no arrangement or understanding between Mr. Mudge and any other person pursuant to which he was elected as Trustee and no transactions with related persons in which the company is a participant that would require disclosure pursuant to Item 404(a).

  4. Eversource said its Board appointed David H. Long as Chair of the Governance, Environmental and Sustainability Committee at a meeting on December 3, 2025, effective January 1, 2026. The Board also approved changes to its Corporate Governance Guidelines to outline more precisely the Lead Independent Trustee's responsibilities.

Summary

AI-written

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

Eversource Energy Elects New Trustee to Board

Eversource Energy said its Board of Trustees elected Warren Robert Mudge as a Trustee, effective January 1, 2026, at a meeting on December 3, 2025. The company also appointed Mr. Mudge as a member of the Audit Committee and the Finance and Risk Management Committee.

Source · Based on the filing body and exhibits

Trustee Compensation and RSU Grant Terms

Eversource said it will pay Mr. Mudge an annual cash retainer of $125,000 for service on the Board and will grant him Restricted Stock Units under the Eversource Incentive Plan on January 15, 2026 equal to the number resulting from dividing $175,000 by the average closing price of Eversource Energy common shares on the New York Stock Exchange for the 10 trading days immediately preceding the date of grant, rounded to the nearest whole RSU.

Source · Based on the filing body and exhibits

Mudge's Career and Disclosure Regarding Election

Eversource said Mr. Mudge, age 65, worked at Verizon Communications from 1983 to 2017 and served as Chief Operating Officer and Executive Vice President for 7 years, and was Chief Executive Officer of Brightspeed Communications from 2021 to 2023. The company explained there is no arrangement or understanding between Mr. Mudge and any other person pursuant to which he was elected as Trustee and no transactions with related persons in which the company is a participant that would require disclosure pursuant to Item 404(a).

Source · Based on the filing body and exhibits

Committee Chair Appointment and Corporate Governance Guidelines Changes

Eversource said its Board appointed David H. Long as Chair of the Governance, Environmental and Sustainability Committee at a meeting on December 3, 2025, effective January 1, 2026. The Board also approved changes to its Corporate Governance Guidelines to outline more precisely the Lead Independent Trustee's responsibilities.

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.