Form 4: Energy Recovery Inc. Director Alexander J. Buehler Executes Stock Option
SEC Form 4 Filing
Director Alexander J. Buehler exercised stock options to acquire 19,841 shares of Energy Recovery, Inc. at a price of $2.92 on August 19, 2024.
Summary
- Alexander J. Buehler, a director of Energy Recovery, Inc., executed a stock option on August 19, 2024.
- This transaction involved the acquisition of 19,841 shares of common stock at a price of $2.92 per share.
- Following the transaction, Buehler directly owns 54,290 shares of Energy Recovery, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock option exercise. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade in their company's stock; this provides transparency to the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| June 11, 2021 | Date of Power of Attorney execution. |
| June 17, 2016 | Shares were fully vested. |
| August 19, 2024 | Date of stock option exercise and transaction. |
| August 21, 2024 | Date of signature on the Form 4 filing. |
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