Form 4: Essential Utilities Chief Accounting Officer Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Robert A. Rubin, Chief Accounting Officer of Essential Utilities, Inc., reported the disposition of 530 shares of common stock at $39.49 per share on November 8, 2024.

Summary

  • Robert A. Rubin, the Chief Accounting Officer of Essential Utilities, Inc., filed a Form 4 with the SEC.
  • The filing reports a transaction on November 8, 2024, where 530 shares of common stock were disposed of at a price of $39.49 per share.
  • Following the transaction, Rubin directly owns 52,860.77 shares of Essential Utilities common stock.
  • Rubin also indirectly owns 19,879.14 shares through a 401k plan.
  • The filing also notes that the 401k holdings include shares acquired since the last filing.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by a company officer, and doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider transactions.

Key Dates

DateDescription
11/08/2024Date of stock sale transaction
11/12/2024Date of signature on the Form 4 filing

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