Form 4: American States Water Co. Executive Reports Changes in Beneficial Ownership

Sunil Pillai, VP of Environmental Quality at American States Water Co., reports transactions involving company stock, including acquisitions, disposals, and adjustments to holdings.

Summary

• Sunil Pillai, VP of Environmental Quality at American States Water Co., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• The report includes several transactions, including the acquisition of common shares through crediting of deferred units at fair market value (FMV) on 06/03/2024 (7.44 shares at $73.07), 09/03/2024 (7.29 shares at $81.25), and 12/02/2024 (6.94 shares at $85.77).
• There was an adjustment due to a partial share on 02/07/2025, resulting in a disposal of 2.26 shares at $0.
• An updated 401k contribution on 02/07/2025 resulted in the acquisition of 465.63 shares at $0 held indirectly.
• On 02/07/2025, 58.58 shares were withheld to satisfy tax liability at $73.53, and 56.78 shares were also withheld for tax liability at $73.53.
• Following these transactions, Pillai directly owns 3,823.95 common shares and indirectly owns 2,015.76 common shares through a 401k.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The reporting person continues to hold a significant number of shares in the company, indicating confidence.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

beneficial ownership, Form 4, stock transactions, American States Water Co., AWR, Sunil Pillai, insider trading