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

Patrick Kubiak, VP of Asset Management at American States Water Co., reports acquisition of shares as dividend and disposition of shares to cover tax liability.

Summary

• On June 3, 2024, Patrick Kubiak acquired 7.4447 common shares of American States Water Co. as a dividend at a price of $73.07 per share.
• On June 10, 2024, Kubiak disposed of 45.1278 common shares at a price of $70.74 per share to satisfy tax liability.
• Following these transactions, Kubiak beneficially owns 2,327.1733 common shares of the company.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document reports routine stock transactions related to executive compensation and tax obligations.

Positives

• The acquisition of shares as a dividend indicates a return of value to the executive.

Negatives

• The disposition of shares to cover tax liability reduces the executive's holdings.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates