Form 4: Energy Recovery Director Alexander Buehler Granted 12,038 Restricted Stock Units

Energy Recovery, Inc. Director Alexander J. Buehler was granted 12,038 shares of common stock in the form of restricted stock units, increasing his beneficial ownership to 66,328 shares.

Summary

• Alexander J. Buehler, a Director of Energy Recovery, Inc. (ERII), acquired 12,038 shares of common stock on June 5, 2025.
• These shares were acquired at a price of $0, indicating they are a grant, specifically identified as Restricted Stock Units (RSUs).
• Following this transaction, Mr. Buehler's total beneficial ownership in Energy Recovery, Inc. increased to 66,328 shares.
• The acquired restricted stock units are scheduled to fully vest on the date of the 2026 Annual Meeting, which is anticipated to be on or about June 4, 2026.

Sentiment

Score: 7

Explanation: The filing reports a routine equity grant to a director, which is generally viewed positively as it aligns insider interests with shareholders. There are no negative or unexpected elements.

Positives

• The grant of 12,038 Restricted Stock Units to Director Alexander J. Buehler aligns his interests with long-term shareholder value, as the units vest over time.
• An increase in director ownership, even through grants, can signal confidence in the company's future prospects.

Negatives

• No direct negatives are apparent from this specific Form 4 filing, as it reports a standard equity compensation grant.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

The 12,038 restricted stock units granted to Director Alexander J. Buehler are anticipated to fully vest on or about June 4, 2026, coinciding with the 2026 Annual Meeting date.

Industry Context

This Form 4 filing reports a routine equity compensation grant to a director, which is a common practice across industries to incentivize long-term performance and align management interests with shareholders. It does not provide specific insights into broader industry trends for Energy Recovery, Inc.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to directors is a standard practice in corporate governance and executive compensation across publicly traded companies, including those in the industrial technology and water treatment sectors where Energy Recovery, Inc. operates.
• The specific number of units granted (12,038) would typically be benchmarked against peer companies' director compensation packages, considering factors like company size, director responsibilities, and overall compensation philosophy. Without specific peer data, a direct comparison is not possible from this document alone.

Corporate Governance

Related Party Transactions

• The grant of restricted stock units to a director constitutes a related party transaction, which is a standard form of equity compensation.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns the director's long-term interests with shareholders, potentially encouraging decisions that enhance shareholder value. It represents a form of non-cash compensation.

Next Steps

• The 12,038 restricted stock units are expected to fully vest on or about June 4, 2026.

Key Dates

Recommendation

Keywords

Energy Recovery Inc., ERII, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Ownership, Alexander J. Buehler, Equity Grant