4/A: Essential Utilities Officer Robert Rubin Reports Amended Sale of Common Stock
SEC Form 4/A
Robert Rubin, Chief Accounting Officer of Essential Utilities, Inc., amended a previous filing to report a sale of 2,023 shares of common stock at $36.56 per share on May 1, 2024, as part of a pre-arranged 10b5-1 trading plan.
Summary
- This is an amended SEC Form 4 filing by Robert A. Rubin, Chief Accounting Officer of Essential Utilities, Inc.
- The amendment pertains to a transaction that occurred on May 1, 2024, where 2,023 shares of common stock were disposed of at a price of $36.56 per share.
- The sale was executed under a pre-existing 10b5-1 trading plan.
- Following the transaction, Rubin directly owns 55,732.77 shares of Essential Utilities common stock and indirectly owns 19,879.14 shares through a 401k.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. Sales under 10b5-1 plans are common and allow insiders to sell shares at predetermined times to avoid accusations of trading on non-public information.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the stock transaction (sale of 2,023 shares). |
| 05/03/2024 | Date of original filing. |
| 05/06/2024 | Date of signature on the amended form. |
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