Form 4: Diana M. Bonta Reports Changes in Beneficial Ownership of American States Water Co Stock

Director Diana M. Bonta discloses recent transactions involving American States Water Co stock, including acquisitions of common shares through dividend equivalent rights.

Summary

• Diana M. Bonta, a director of American States Water Co, filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
• The report includes several acquisitions of common shares through dividend equivalent rights (DER) credited on various dates: August 15, 2023 (15.9381 shares at $87.1), November 15, 2023 (17.3149 shares at $80.57), February 20, 2024 (18.3887 shares at $76.27), May 20, 2024 (18.206 shares at $77.47), and May 21, 2024 (516.3289 shares at $77.47).
• There was also a disposal of 0.4716 shares on February 15, 2024, due to a partial share adjustment.
• Following these transactions, Bonta's total beneficial ownership of American States Water Co common shares is 16,839.6157 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions. The acquisitions could be seen as slightly positive, but it's standard practice for directors to receive stock as part of their compensation.

Positives

• The director's increased stake in the company could be interpreted as a sign of confidence in its future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.

Stakeholder Impact

• The disclosure provides shareholders with insight into the director's investment activity, which can influence investor sentiment.

Key Dates