Form 4: H2O America CFO Receives Restricted Stock Unit Grant

Ann P. Kelly, CFO and Treasurer of H2O America, was granted 952 restricted stock units (RSUs) as part of the company's Long-Term Incentive Plan.

Summary

• Ann P. Kelly, the Chief Financial Officer and Treasurer of H2O AMERICA (HTO), acquired 952 shares of common stock underlying restricted stock units (RSUs) on July 1, 2025.
• These RSUs were granted under the issuer's Long-Term Incentive Plan at a price of $0 per share.
• Each RSU entitles the reporting person to receive one share of Common Stock upon vesting.
• The RSUs are scheduled to vest in three annual successive installments upon the completion of each year of service for a three-year period from the grant date, with provisions for accelerated vesting under certain circumstances.
• Following this transaction, Ann P. Kelly beneficially owns 9,138 shares of Common Stock, representing shares underlying RSUs that will vest and become issuable in accordance with their terms.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it indicates a standard executive compensation practice that aligns management's interests with shareholders through equity grants, without any negative implications disclosed.

Positives

• The grant of Restricted Stock Units (RSUs) aligns the interests of the CFO with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule over three years encourages long-term commitment and retention of key management personnel.

Future Outlook

The 952 Restricted Stock Units granted to the CFO are expected to vest in three annual successive installments over a three-year period from the grant date, subject to continued service and potential accelerated vesting conditions.

Industry Context

The granting of Restricted Stock Units (RSUs) to executive officers is a common practice in publicly traded companies across various industries, serving as a key component of executive compensation packages designed to incentivize long-term performance and align management interests with shareholder value.

Corporate Governance

Related Party Transactions

• Ann P. Kelly, the CFO and Treasurer, received a grant of 952 Restricted Stock Units (RSUs) from H2O AMERICA, which is a form of compensation from an insider to the company.

Stakeholder Impact

• Shareholders: The RSU grant aligns the CFO's financial interests with shareholder value, as the value of the RSUs is tied to the company's stock performance.
• Employees (specifically the CFO): Provides a significant long-term incentive and retention mechanism for a key executive.

Next Steps

• Vesting of the 952 Restricted Stock Units in three annual successive installments over a three-year period, contingent on continued service.

Key Dates

Keywords

H2O AMERICA, HTO, Form 4, Restricted Stock Units, RSU, Equity Grant, Insider Transaction, Executive Compensation, Long-Term Incentive Plan, Ann P. Kelly