Form 4: American Water Works Company EVP and COO Cheryl Norton Reports Acquisition of Common Stock
SEC Form 4 Filing
Cheryl Norton, EVP and COO of American Water Works Company, reports acquiring 304 shares of common stock through dividend reinvestment.
Summary
- On August 1, 2024, Cheryl Norton, the EVP and COO of American Water Works Company, acquired 304 shares of common stock.
- The acquisition was made through the automatic reinvestment of cash dividends.
- Following the transaction, Norton directly owns 22,116 shares of American Water Works Company common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition through dividend reinvestment, indicating continued investment by an executive but not necessarily a major event.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by a key executive.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company executives and their confidence in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares through dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Cheryl Norton acquired 304 shares of common stock. |
| 08/02/2024 | Date of signature for the report. |
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