Evergy, Inc.: management transactions · United States · SEC (Form 4)

About Evergy, Inc.

Evergy, Inc. is a U.S.-listed regulated electric utility trading on the NYSE/NASDAQ under ticker EVRG, with corporate headquarters in Kansas City, Missouri, United States. For French-speaking investors, Evergy is best understood as a traditional regulated utility: its core earnings engine comes from the generation, transmission, distribution, and retail delivery of electricity to residential, commercial, industrial, and institutional customers, primarily across Kansas and Missouri. The company serves roughly 1.7 million customers through its main operating subsidiaries, including Evergy Kansas Central, Evergy Metro, and Evergy Missouri West. Because rates and major capital recovery decisions are reviewed by the Kansas Corporation Commission and the Missouri Public Service Commission, Evergy has the defensive characteristics typical of a utility, but also the regulatory constraints that come with a capital-intensive monopoly-style franchise. Evergy was formed in 2018 through the merger of Westar Energy and Great Plains Energy, combining two long-established regional power businesses with roots going back well over a century through predecessor companies. The transaction created a larger, more integrated Midwestern utility platform with a clearer focus on service reliability, grid modernization, customer affordability, and shareholder returns. The company’s footprint remains highly concentrated in its historical service territory, which reduces geographic diversification but improves operational transparency and local market understanding. From a business-line perspective, Evergy is centered on regulated electric utility operations. Its activities include power generation, transmission, distribution, system maintenance, outage response, customer service, and ongoing capital investment in grid infrastructure. The investment case is anchored in reliability, service continuity, and the ability to earn regulated returns on a multi-year capital program. Evergy has also been emphasizing modernization of the network, improved outage management, and gradual progress on its clean-energy and resilience agenda. Competitively, Evergy does not compete in the same way as a consumer brand in a fully open market. Instead, its position is defined by the strength of its regulated franchise, the stability of its customer base, and its ability to secure regulatory approvals for infrastructure spending and cost recovery. Recent highlights include the release of 2025 results, a quarterly dividend increase, reaffirmation of a 4% to 6% long-term adjusted EPS growth target through 2029, and updates around new large customer connections and grid-reliability investments. In 2026, Evergy also announced a partial repurchase of convertible notes and filed for Missouri regulatory recovery of grid investments, underscoring continued capital deployment and the company’s focus on system reliability and long-term regulated growth.