Form 4: Energy Recovery SVP Rodney Clemente Sells Shares Under 10b5-1 Plan

Rodney Clemente, SVP of Water at Energy Recovery, Inc., sold 21,444 shares of common stock at a weighted average price of $15.422 per share on February 20, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Rodney Clemente, SVP of Water at Energy Recovery, Inc., reported the sale of 21,444 shares of common stock on February 20, 2025.
• The sale was executed at a weighted average price of $15.422 per share, with individual trades ranging from $15.31 to $15.53.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on December 10, 2024.
• Following the transaction, Clemente still beneficially owns 111,109 shares of Energy Recovery, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

Sales by company insiders are a common occurrence and are often pre-planned through 10b5-1 trading plans to avoid accusations of insider trading. The market typically views these sales in the context of the overall holdings of the insider and the reasons provided for the sale.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Energy Recovery, Inc., ERII, Rodney Clemente, SVP Water, Stock Sale, 10b5-1 Trading Plan, Beneficial Ownership, Securities Exchange Act, SEC