Form 4: American States Water Co. Executive Eva G. Tang Reports Stock Transactions

Eva G. Tang, Sr. Vice President & CFO of American States Water Co., reports acquisition and disposal of company shares.

Summary

• Eva G. Tang, a Senior Vice President and CFO at American States Water Co. (AWR), filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On March 1, 2024, Ms. Tang acquired 4.4456 common shares at a price of $71.64.
• On March 5, 2024, she acquired 9.0923 common shares through a dividend reinvestment plan (DRIP) at $0.
• On March 13, 2024, she acquired 1,014 common shares at $0.
• On March 15, 2024, she acquired 1,300.4282 common shares at $71.79.
• Also on March 15, 2024, 505.0586 shares were disposed of at $71.79 to cover tax liabilities.
• Following these transactions, Ms. Tang directly owns 39,008.5443 common shares of American States Water Co.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The form indicates routine transactions by an officer, with both acquisitions and disposals. The disposal is explicitly for tax liabilities, which is a common occurrence.

Positives

• The reporting person increased their holdings in the company.

Negatives

• Some shares were disposed of to cover tax liabilities.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, reflecting insider confidence.

Key Dates