Form 4: Energy Recovery Inc. Executive Rodney Clemente Reports Stock Transaction to Cover Tax Obligations

Rodney Clemente, SVP of Water at Energy Recovery, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vesting securities.

Summary

• On February 3, 2025, Rodney Clemente, SVP of Water at Energy Recovery, Inc., reported a transaction on Form 4.
• The transaction involved the withholding of 944 shares of common stock at a price of $14.34 to cover tax obligations.
• Following the transaction, Clemente directly owns 132,553 shares of Energy Recovery, Inc.
• Clemente has granted power of attorney to Michael Mancini, William Yeung, Derek Ching, and Ronda Reynolds-Gray to handle SEC filings related to his position at Energy Recovery, Inc.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing related to executive stock transactions. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The sentiment is neutral to slightly positive as it reflects standard compensation practices.

Industry Context

This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the company's outlook or performance.

Comparison to Industry Standards

• Similar transactions are common among executives in publicly traded companies to manage tax liabilities associated with stock-based compensation.
• Companies like Danaher, Xylem, and Pentair, which operate in related industries, also see similar filings from their executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine executive stock transaction.

Key Dates

Keywords

Form 4, Energy Recovery Inc., ERII, Rodney Clemente, SVP Water, Stock Transaction, Beneficial Ownership, Section 16, Tax Obligations, Power of Attorney