American Water (AWK) Form 4: 868-Share Director Grant Filed

Rhea-AI Filing Summary

Lisa A. Grow, a director of American Water Works Company, Inc. (AWK), was reported as acquiring 868 shares on 08/26/2025. The Form 4 shows 868 stock units granted that vested on the grant date and will convert one-for-one into common stock, with a reported price of $0, indicating a compensation grant rather than a market purchase. After the transaction the reporting person beneficially owns 868 shares. The filing was signed by an attorney-in-fact on 08/27/2025.

Insights

Financial Analyst

TL;DR: Small, routine insider grant to a director; likely compensation-related and not material to valuation.

The Form 4 documents an 868-share unit grant that vested immediately and converts one-for-one to common stock at no cash cost to the director. The size of 868 shares is modest relative to a large-cap utility and appears to be ordinary equity compensation rather than a market transaction. This signal is neutral for investors: it shows executive/director alignment with shareholder interests but is unlikely to affect outstanding share count or earnings materially.

Corporate Governance Expert

TL;DR: Governance-aligned compensation disclosure; standard reporting and timely signature by proxy.

The disclosure follows Section 16 requirements and includes an explanation that the units settle solely in common stock and vested on grant. The timely filing and signature by an attorney-in-fact indicate procedural compliance. From a governance perspective, the transaction is routine and consistent with standard director equity awards; it raises no evident control or related-party concerns based on the information provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grow Lisa A

(Last) (First) (Middle)

1 WATER STREET

(Street)

CAMDEN NJ 08102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
American Water Works Company, Inc. [ AWK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		A		868(1)	A	$0	868	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares indicated constitute units that settle solely in the common stock of American Water Works Company, Inc. (the "Company") on a one-share-per-unit basis. The stock units vested on the date of grant and will be converted immediately into shares of Company common stock.

Remarks:

	/s/ Jeffrey M. Taylor, as attorney-in-fact for Lisa A. Grow	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Lisa A. Grow report on Form 4 for AWK?

The Form 4 reports an acquisition of 868 stock units that vested and convert one-for-one into AWK common stock on 08/26/2025.

Did the Form 4 record any cash paid for the shares?

No; the reported price is $0, indicating the units were granted as compensation and not purchased on the open market.

How many shares does the reporting person beneficially own after the transaction?

The filing shows 868 shares beneficially owned following the reported transaction.

When was the Form 4 signed and by whom?

The form was signed by Jeffrey M. Taylor, as attorney-in-fact for Lisa A. Grow on 08/27/2025.

What does the filing say about how the units settle?

The filing explains the units settle solely in common stock on a one-share-per-unit basis and vested on the grant date.