BRIDSON JOHN T 4
4 · Evergy, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Evergy SVP John Bridson Receives Awards; Shares Withheld for Taxes
What Happened John T. Bridson, Senior Vice President, Generation & Ops Support at Evergy (EVRG), received awards and had restricted/performance stock units convert to common shares on March 1, 2026. The filing shows awards/settlements (A) of 4,252 shares and conversions/exercises of derivative awards (M) that resulted in additional shares being issued (zero-dollar conversion). To cover tax withholding obligations (F), Bridson relinquished a total of 1,917 shares at an indicated value of $83.66 per share, generating $160,376 surrendered to Evergy.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
- Actions reported: A = award/settlement of performance share units; M = conversion/exercise of restricted stock units/derivatives; F = shares relinquished for tax withholding.
- Withheld shares: 1,917 shares surrendered at $83.66 each for a total of $160,376 (three withholding entries: 1,046; 444; 427 shares).
- Awards/vests reported: 4,252 shares settled (PSUs) plus vested restricted stock units noted in footnotes (including 1,332 and 1,337 units referenced).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes: Awards settled in stock (F1); withheld/relinquished shares to Evergy for tax withholding upon settlement/vesting (F2, F5); RSUs convert one-for-one (F3–F6); remaining RSUs subject to continued employment total 8,297 units with vesting through March/Oct 2027–2029 (F7).
Context These transactions reflect routine equity compensation activity: PSUs/RSUs vested or converted to common stock and the insider surrendered a portion of shares to Evergy to cover withholding taxes (a non–open-market transfer). The derivative/conversion entries indicate conversion of restricted units to shares (zero-dollar exercise), not new cash purchases or market sales. Such withholding actions are administrative and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-01+4,252→ 44,664 total - Tax Payment
Common Stock
[F2]2026-03-01$83.66/sh−1,046$87,508→ 43,618 total - Exercise/Conversion
Common Stock
[F3][F4]2026-03-01+1,515→ 45,133 total - Tax Payment
Common Stock
[F5]2026-03-01$83.66/sh−444$37,145→ 44,689 total - Exercise/Conversion
Common Stock
[F6][F4]2026-03-01+1,455→ 46,144 total - Tax Payment
Common Stock
[F5]2026-03-01$83.66/sh−427$35,723→ 45,717 total - Exercise/Conversion
Restricted Stock Units
[F4][F3][F7]2026-03-01−1,515→ 8,609 total→ Common Stock (1,515 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F6][F7]2026-03-01−1,455→ 7,154 total→ Common Stock (1,455 underlying) - Award
Restricted Stock Units
[F4][F7]2026-03-01+1,497→ 8,651 total→ Common Stock (1,497 underlying)
Footnotes (7)
- [F1]Award of common stock in settlement of performance share units.
- [F2]Relinquished to Evergy, Inc. ("Evergy") for withholding taxes incident to settlement of performance share units on March 1, 2026.
- [F3]Reflects vesting of 1,332 restricted stock units (plus reinvested dividends related to those units).
- [F4]Restricted stock units convert to stock on a one-for-one basis.
- [F5]Relinquished to Evergy for withholding taxes incident to the vesting of restricted stock units on March 1, 2026.
- [F6]Reflects vesting of 1,337 restricted stock units (plus reinvested dividends related to those units).
- [F7]Of the total restricted stock units reported, and subject to, continued employment, (i) 1,726 units (plus reinvested dividends related to those units) vest on March 1, 2027, (ii) 1,336 units (plus reinvested dividends related to those units) vest on March 1, 2027, (iii) 1,666 units (plus reinvested dividends related to those units) vest on March 1, 2028, (iv) 2,072 units (plus reinvested dividends related to those units), vest on October 7, 2028; and (v) 1,497 units (plus reinvested dividends related to those units) vest on March 1, 2029.