Form 4: American States Water Co. Executive Reports Share Transactions
SEC Form 4 Filing
A Form 4 filing reveals that SVP of Operations, Paul J. Rowley, engaged in several transactions involving American States Water Co. common shares, including acquisitions and a tax-related disposal.
Summary
- Paul J. Rowley, SVP of Operations at American States Water Co., reported several transactions involving the company's common shares.
- These transactions include the acquisition of shares on June 3, 2024, September 3, 2024, and December 2, 2024, at prices of $73.07, $81.25, and $85.77 respectively.
- Additionally, 6.4003 shares were disposed of on December 13, 2024, at a price of $83.22 to cover tax liabilities.
- The transactions resulted in a net change in Mr. Rowley's holdings, with a final reported holding of 5,248.2213 common shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard regulatory filing detailing routine transactions. There is no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- The transactions reported are typical for executives who receive stock-based compensation and may sell shares to cover tax obligations.
- Similar filings can be observed for executives at comparable companies such as California Water Service Group (CWT) and SJW Group (SJW).
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are routine insider trades.
- Shareholders may be interested in the trading activity of executives, but these transactions are not likely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Acquisition of common shares at $73.07 per share. |
| 09/03/2024 | Acquisition of common shares at $81.25 per share. |
| 12/02/2024 | Acquisition of common shares at $85.77 per share. |
| 12/13/2024 | Disposal of 6.4003 shares at $83.22 per share for tax liability. |
| 12/16/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, share transactions, stock acquisition, stock disposal, American States Water Co, AWR, executive compensation, tax liability
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.