Form 4: American Water Works Company Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John C. Griffith, President of American Water Works Company, Inc., disposed of 2,266 shares of common stock on January 31, 2025, to cover tax obligations.
Summary
- On January 31, 2025, John C. Griffith, President of American Water Works Company, Inc., disposed of 2,266 shares of common stock.
- The transaction was executed at a price of $124.64 per share.
- Following the transaction, Griffith directly owns 9,894 shares of American Water Works Company, Inc.
- The transaction was reported on February 4, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction. It's a routine disclosure and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but is likely immaterial given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: John C. Griffith disposed of shares. |
| 02/04/2025 | Date of filing: Form 4 filing date. |
Keywords
Form 4, AWK, American Water Works Company, Inc., John C. Griffith, Stock Sale, Insider Trading
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