Form 4: American States Water Co: VP Farrow Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4


Gladys Farrow, VP of Finance, Treasurer, and Assistant Secretary at American States Water Co, reports acquiring and disposing of common shares, resulting in a net holding of 8,973.8873 shares.

Summary

  • Gladys Farrow, VP Fin., Treas., & Asst. Sec of American States Water Co, filed a Form 4 detailing changes in beneficial ownership.
  • On March 1, 2024, Farrow acquired 3.1985 common shares at $71.64 due to dividend reinvestment.
  • On March 13, 2024, Farrow acquired 729 common shares at $0.
  • On March 15, 2024, Farrow acquired 985.1407 common shares at $71.79.
  • Also on March 15, 2024, 403.7108 shares were disposed of at $71.79 to cover tax liabilities.
  • Following these transactions, Farrow beneficially owns 8,973.8873 common shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

  • The reporting person increased their holdings of common stock.

Negatives

  • Some shares were disposed of to cover tax liabilities.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.

Key Dates

DateDescription
03/01/2024DER units credited as dividend at FMV; acquisition of 3.1985 common shares at $71.64
03/13/2024Acquisition of 729 common shares at $0
03/14/2024Date of signature for the report
03/15/2024Acquisition of 985.1407 common shares at $71.79 and disposal of 403.7108 shares for tax liability at $71.79

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