Form 4: Director Thomas Eichelberger Increases AWR Stake

Director Thomas A. Eichelberger acquired 526.8704 common shares of American States Water Co. on May 19, 2026.

Summary

• Director Thomas A. Eichelberger reported three transactions involving American States Water Co. (AWR) common shares.
• On September 3, 2025, 3.4182 shares were acquired at $73.52 per share via dividend equivalent units.
• On February 14, 2026, 0.3341 shares were disposed of at $0 due to a partial share adjustment.
• On May 19, 2026, 526.8704 shares were acquired at $75.92 per share.
• Following these transactions, the director's total beneficial ownership stands at 8,997.199 common shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects routine director share accumulation which signals internal confidence.

Positives

• Director increased total equity position in the company to 8,997.199 shares.
• Demonstrates alignment of interest between the director and shareholders through increased ownership.

Negatives

• Minor adjustment of 0.3341 shares disposed of on February 14, 2026, though this appears to be a routine administrative adjustment.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider acquisitions by directors in the utility sector are generally viewed as a sign of confidence in the company's long-term dividend stability and operational performance.

Comparison to Industry Standards

• The transaction is consistent with standard director compensation and dividend reinvestment practices observed in regulated utility companies like American Water Works or California Water Service Group.

Stakeholder Impact

• Positive signal for shareholders regarding director commitment to the company.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

American States Water Co, AWR, Insider Trading, Form 4, Director Ownership, Equity Acquisition