Form 4: Energy Recovery Director Colin Sabol Reports Acquisition of Restricted Stock Units
Insider Transaction Report
Energy Recovery, Inc. Director Colin R. Sabol has reported the acquisition of 12,038 restricted stock units, increasing his direct beneficial ownership in the company.
Summary
- Colin R. Sabol, 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 likely restricted stock units (RSUs) or a grant as part of compensation.
- The acquired restricted stock units are expected to fully vest on or about June 4, 2026, coinciding with the 2026 Annual Meeting date.
- Following this transaction, Mr. Sabol directly beneficially owns 26,397 shares of common stock.
- Additionally, Mr. Sabol indirectly beneficially owns 3,000 shares through Colin Sabol & Julie Sabol JTWROS.
Sentiment
Score: 7
Explanation: The acquisition of restricted stock units by a director is a positive signal, indicating alignment of interests with shareholders and a commitment to the company's future.
Positives
- The acquisition of 12,038 restricted stock units by a Director, Colin R. Sabol, aligns his interests with shareholders and can be viewed as a positive signal of confidence in the company's future.
- The grant of restricted stock units at a $0 price is a common form of equity compensation, incentivizing long-term commitment and performance from key personnel.
Risks
- The value of the acquired restricted stock units is subject to the future performance and stock price fluctuations of Energy Recovery, Inc.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Colin R. Sabol, a Director, granted a Power of Attorney to David Moon, Michael Mancini, and William Yeung to prepare and execute Section 16 filings (Forms ID, 3, 4, and 5) on his behalf. | 2025-03-14 | This streamlines the process for insider trading compliance filings for Mr. Sabol, ensuring timely and accurate reporting. |
Stakeholder Impact
- Shareholders: The acquisition of restricted stock units by a director can be viewed positively as it aligns management's interests with shareholder value creation.
Next Steps
- The 12,038 restricted stock units are anticipated to fully vest on or about June 4, 2026.
Key Dates
| Date | Description |
|---|---|
| 2025-03-14 | Date Colin R. Sabol executed the Power of Attorney. |
| 2025-06-05 | Date of transaction for the acquisition of restricted stock units by Colin R. Sabol. |
| 2025-06-06 | Date the Form 4 was signed by William Yeung, Attorney-in-Fact for Colin R. Sabol. |
| 2026-06-04 | Anticipated vesting date for the 12,038 restricted stock units, coinciding with the 2026 Annual Meeting. |
Keywords
Energy Recovery Inc., ERII, Colin R. Sabol, Form 4, SEC filing, Insider transaction, Restricted Stock Units, RSU, Director, Beneficial ownership, Equity compensation
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