Form 4: Energy Recovery SVP Rodney Clemente Reports Stock Transactions

Rodney Clemente, SVP of Water at Energy Recovery, Inc., reports the disposition of shares to cover tax obligations and sales under a pre-arranged trading plan.

Summary

• Rodney Clemente, SVP of Water at Energy Recovery, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 10, 2025, 794 shares of common stock were disposed of to cover tax obligations at a price of $16.37 per share.
• On March 11, 2025, 1,843 shares were sold at a price of $16.23 per share under a Rule 10b5-1 trading plan.
• Following these transactions, Clemente directly owns 108,472 shares of Energy Recovery, Inc.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged nature of the trading plan suggests minimal surprise.

Key Dates