Form 4: American States Water Co: CEO Robert Sprowls Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert Sprowls, President & CEO of American States Water Co, reports transactions involving company common shares, including acquisitions and disposals to cover tax liabilities.
Summary
- On March 3, 2025, Robert Sprowls acquired 48.13 common shares at $78.13.
- On March 4, 2025, he acquired 929.68 common shares at $0 via a dividend reinvestment plan (DRIP).
- On March 13, 2025, he acquired 6,503 common shares at $0.
- Also on March 13, 2025, he acquired 16,981.02 common shares at $78.01.
- On March 14, 2025, 8,620.83 common shares were disposed of at $78.01 to cover tax liabilities.
- Additionally, on March 14, 2025, 699.2 common shares were disposed of at $78.01 to cover tax liabilities.
- Following these transactions, Sprowls directly owns 199,724.16 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CEO, when they trade their company's stock. It provides transparency to the market regarding the transactions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's transactions in company stock.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | DER units credited |
| 03/03/2025 | Acquisition of 48.13 common shares at $78.13 |
| 03/04/2025 | Acquisition of 929.68 common shares at $0 (DRIP) |
| 03/13/2025 | Acquisition of 6,503 common shares at $0 |
| 03/13/2025 | Acquisition of 16,981.02 common shares at $78.01 |
| 03/14/2025 | Disposal of 8,620.83 common shares at $78.01 (tax liability) |
| 03/14/2025 | Disposal of 699.20 common shares at $78.01 (tax liability) |
| 03/17/2025 | Date of signature for the report |
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