Form 4: American States Water VP Reports Share Transactions

Jon Pierotti, VP of Regulatory Affairs at American States Water Co., reported multiple acquisitions and dispositions of common shares in early March 2026.

Summary

• Jon Pierotti, Vice President of Regulatory Affairs at American States Water Co. (AWR), reported several transactions involving the company's common shares.
• On March 5, 2026, Pierotti acquired 31.81 common shares in his 401k plan at a price of $0, increasing his indirect beneficial ownership to 369.1676 shares.
• Also on March 5, 2026, he disposed of 3.0471 common shares at $0 due to a partial share adjustment, and acquired 8.213 common shares at $75.46 from derivative units, bringing his direct beneficial ownership to 2,760.3606 shares.
• On March 12, 2026, Pierotti acquired 770 common shares at $0 and 630.325 common shares at $74.44, increasing his direct beneficial ownership to 4,160.6856 shares.
• On March 13, 2026, a total of 462.1394 common shares were disposed of at $74.44 to satisfy tax liabilities (259.568 shares, 104.0658 shares, and 98.4976 shares).
• Following these transactions, Pierotti's direct beneficial ownership stands at 3,698.5542 common shares, and indirect ownership (401k) is 369.1676 common shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It details routine insider transactions, including acquisitions likely tied to compensation and dispositions for tax obligations, which do not indicate a significant shift in company outlook or executive sentiment.

Positives

• Jon Pierotti acquired a total of 1,440.348 common shares through various transactions, including 31.81 shares in his 401k, 8.213 shares from derivative units, and 1,400.325 shares through other acquisitions.

Negatives

• A total of 462.1394 common shares were disposed of to satisfy tax liabilities, which represents a reduction in direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide broader industry context. These transactions reflect individual executive compensation and tax planning rather than strategic company-wide moves or industry trends.

Stakeholder Impact

• Shareholders: The transactions represent routine changes in an executive's ownership stake, with acquisitions increasing alignment and dispositions for tax purposes being a common occurrence. No significant impact on overall shareholder value is implied by these specific transactions.

Key Dates

Keywords

American States Water Co, AWR, Jon Pierotti, Insider Trading, Form 4, Share Acquisition, Share Disposition, Executive Compensation, Regulatory Affairs