Form 4: American States Water Co: VP Sunil Pillai Reports Changes in Beneficial Ownership
SEC Form 4 Filing
VP of Environmental Quality at American States Water Co, Sunil Pillai, reports transactions involving common shares, including acquisitions and disposals to cover tax liabilities.
Summary
- Sunil Pillai, VP of Environmental Quality at American States Water Co, filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, Pillai acquired 5.53 common shares at $78.13.
- On March 13, 2025, Pillai acquired 706 common shares at $0 and 651.63 common shares at $78.01.
- On March 14, 2025, Pillai disposed of 267.69 shares at $78.01 to cover tax liabilities.
- Also on March 14, 2025, Pillai disposed of 79.33 shares at $78.01 to cover tax liabilities.
- Following these transactions, Pillai beneficially owns 4,840.1 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation and tax-related share movements.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Acquisition of 5.53 common shares |
| 03/13/2025 | Acquisition of 706 common shares |
| 03/13/2025 | Acquisition of 651.63 common shares |
| 03/14/2025 | Disposal of 267.69 common shares for tax liability |
| 03/14/2025 | Disposal of 79.33 common shares for tax liability |
| 03/17/2025 | Date of signature for the Form 4 filing |
| 03/31/2025 | Der units credited on 03/31/2025 at FMV |
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