Form 4: Director Laurie P. Havanec Acquires AWK Shares
Statement of Changes in Beneficial Ownership
Director Laurie P. Havanec acquired 1,374 shares of American Water Works Company, Inc. common stock via a stock unit grant.
Summary
- Director Laurie P. Havanec received 1,374 shares of American Water Works Company, Inc. (AWK) common stock.
- The transaction occurred on May 13, 2026.
- The shares were acquired as units that vested immediately upon grant and converted into common stock on a one-for-one basis.
- Following this transaction, the reporting person holds a total of 5,369 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation and equity ownership.
Positives
- Increased alignment between the director and shareholders through higher equity ownership.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine insider transaction filing.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to incentivize long-term board commitment and align director interests with those of public shareholders.
Comparison to Industry Standards
- The acquisition of equity by board members is consistent with standard compensation practices for S&P 500 utility companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of vested stock units to a director. | 05/13/2026 | Standard alignment of director interests with shareholders. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Date of the stock unit grant and conversion into common stock. |
Keywords
American Water Works, AWK, Form 4, Insider Transaction, Director Ownership
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