Form 4: American States Water Co. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jon Pierotti, Vice President of Regulatory Affairs at American States Water Co., reports transactions involving common shares, including acquisitions and disposals to cover tax liabilities.
Summary
- On March 1, 2024, Jon Pierotti acquired 3.7412 common shares at $71.64 per share.
- On March 13, 2024, Pierotti acquired 729 common shares at $0 per share.
- On March 15, 2024, Pierotti disposed of 47.2333 common shares at $71.79 per share to satisfy tax liability.
- Following these transactions, Pierotti beneficially owns 1,993.7235 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure related to insider trading and is required by the SEC to ensure transparency and prevent illegal trading activities. It provides investors with information about the transactions of company insiders, allowing them to assess whether insiders are confident in the company's prospects.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Acquisition of 3.7412 common shares at $71.64 per share. |
| 03/13/2024 | Acquisition of 729 common shares at $0 per share. |
| 03/15/2024 | Disposal of 47.2333 common shares at $71.79 per share to satisfy tax liability. |
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