Form 4: Energy Recovery Inc. CEO David Moon Reports Acquisition of Shares

David Moon, President and CEO of Energy Recovery, Inc., reports the acquisition of 4,200 shares of common stock at an average price of $12.20 per share.

Summary

• On May 13, 2025, David Moon, the President and CEO of Energy Recovery, Inc., acquired 4,200 shares of the company's common stock.
• The shares were purchased at a weighted average price of $12.20 per share, with individual trades ranging from $12.19 to $12.20.
• Following the transaction, Moon directly owns 168,417 shares and indirectly owns 36,950 shares through David and Rhonda Moon JCP.
• A power of attorney was executed on March 14, 2025, appointing Michael Mancini and William Yeung to handle Section 16 reporting requirements on Moon's behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing related to stock acquisition by an executive. The purchase itself could be seen as slightly positive, indicating confidence, but the filing is primarily informational.

Positives

• The CEO's purchase of shares may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common among publicly traded companies. It provides transparency into the actions of company executives and their confidence in the company's performance.

Stakeholder Impact

• The CEO's stock purchase could positively influence shareholder sentiment.

Key Dates

Keywords

Energy Recovery Inc., David Moon, ERII, share acquisition, Form 4, Section 16, beneficial ownership, power of attorney