Form 4: American Water Works Company Executive Melanie M. Kennedy Reports Stock Transactions

EVP and CHRO of American Water Works Company, Melanie M. Kennedy, reports acquisition and disposal of company stock and vesting of restricted stock units and performance stock units.

Summary

• Melanie M. Kennedy, EVP and CHRO of American Water Works Company, filed a Form 4 detailing changes in beneficial ownership of company stock.
• On February 18, 2025, Kennedy acquired 1,381 shares of common stock related to restricted stock units (RSUs) granted under the company's 2017 Omnibus Equity Compensation Plan.
• These RSUs will vest in three approximately equal installments on January 31, 2026, 2027, and 2028, contingent upon continued employment.
• Kennedy also acquired 2,339 shares of common stock that vested from performance stock units (PSUs) granted in February 2022 under the same plan, vesting on February 18, 2025.
• Additionally, 1,153 shares were disposed of at a price of $127.17.
• Following these transactions, Kennedy beneficially owns 18,389 shares of American Water Works Company stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Future Outlook

The reported RSU grant will vest in three approximately equal increments on January 31, 2026, 2027 and 2028, subject to continued employment on each vesting date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, American Water Works, RSU, PSU, AWK, Kennedy