Form 4: American States Water Co Director Acquires Shares in Recent Transaction
SEC Form 4
Director Mary Ann Hopkins acquired 516.3289 common shares of American States Water Co at $77.47 per share on May 21, 2024, increasing her total holdings.
Summary
- Mary Ann Hopkins, a director of American States Water Co, reported a transaction involving the company's common shares.
- On February 15, 2024, Hopkins disposed of 0.4716 shares due to an adjustment for a partial share at $0.
- On May 21, 2024, Hopkins acquired 516.3289 common shares at a price of $77.47 per share.
- Following these transactions, Hopkins beneficially owns 3,046.0366 common shares of American States Water Co directly.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the transaction is relatively small and routine.
Positives
- A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's value.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Disposal of 0.4716 common shares due to adjustment for partial share. |
| 05/21/2024 | Acquisition of 516.3289 common shares at $77.47 per share. |
| 05/22/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.