Form 4: Director Mary Ann Hanley Receives H2O America Equity Grant

Director Mary Ann Hanley was granted 1,947 restricted stock units under the H2O America Long-Term Incentive Plan.

Summary

• Director Mary Ann Hanley acquired 1,947 restricted stock units (RSUs) on May 13, 2026.
• The grant was issued under the Issuer's Long-Term Incentive Plan (LTIP).
• The RSUs are set to vest in full upon the director's continued service through the day before the 2027 annual stockholders meeting.
• The reporting person has elected to defer receipt of the shares underlying the RSUs.
• Following this transaction, the director's total beneficial ownership is 11,583 shares, including the new RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• Retention of board expertise through the vesting schedule tied to continued service.

Negatives

• None identified in this filing.

Risks

• Vesting is contingent upon continued board service, which could be impacted by unforeseen departures.

Future Outlook

The RSUs are scheduled to vest in full on the day preceding the 2027 annual stockholders meeting, subject to continued board service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of LTIP-based RSU grants for board members is consistent with standard compensation practices for publicly traded companies in the United States.
• The deferral election is a common tax and wealth management strategy utilized by corporate directors.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation practices.

Next Steps

• Vesting of the 1,947 RSUs upon the 2027 annual stockholders meeting.

Key Dates

Keywords

H2O America, HTO, Form 4, Insider Trading, Director Compensation, Restricted Stock Units, Equity Incentive Plan