Form 4: H2O America Director Carl Guardino Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Carl Guardino reports acquisition and disposal of H2O America common stock and restricted stock units.
Summary
- On May 14, 2025, Carl Guardino, a director of H2O America, reported changes in beneficial ownership of the company's stock.
- Guardino acquired 2,196 restricted stock units (RSUs) under the Issuer's Long-Term Incentive Plan, each representing one share of common stock.
- These RSUs will vest fully if Guardino continues Board service until the day before the 2026 annual stockholders meeting, with potential for accelerated vesting under certain conditions.
- Following the reported transactions, Guardino beneficially owns 7,192 shares, including 4,996 shares of common stock and 2,196 shares underlying the RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the sentiment is neutral.
Positives
- The grant of RSUs to a director aligns their interests with the long-term performance of the company.
Future Outlook
The vesting of the RSUs is contingent upon continued service on the board, incentivizing the director's ongoing involvement with the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of restricted stock units and disposal of common stock. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
| 2026 | RSUs will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2026 annual stockholders meeting |
Keywords
beneficial ownership, Form 4, H2O America, Guardino, restricted stock units, RSUs, director, HTO, common stock
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