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American Water Works (AWK) CEO reports RSU, PSU awards and tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

American Water Works Company, Inc. reported that President and CEO John C. Griffith received equity awards and related share settlements in company stock. On February 17, 2026, he acquired 12,729 shares underlying new restricted stock units and 8,322 shares from performance stock units that vested the same day.

A separate transaction disposed of 4,101 shares at $133.51 per share to satisfy tax withholding through delivery of shares rather than cash. After these awards and the tax-withholding disposition, Griffith directly owned 37,686 shares of American Water Works common stock.

Positive

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Negative

  • None.
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
Estimated average burden
hours per response: 0.5
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*
Griffith John C.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 A 12,729(1) A $0 33,465 D
Common Stock 02/17/2026 A 8,322(2) A $0 41,787 D
Common Stock 02/17/2026 F 4,101 D $133.51 37,686 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. Represents shares underlying an award of restricted stock units (RSUs) granted on February 17, 2026, under the American Water Works Company, Inc. 2017 Omnibus Equity Compensation Plan. These awards will vest in three approximately equal increments on January 31, 2027, 2028 and 2029, subject to continued employment on each vesting date and applicable continued vesting provisions in the event of retirement. RSUs are settled solely by the delivery of one share of common stock per RSU (and may not be settled in cash).
2. Represents shares vested pursuant to one or more awards of performance stock units (PSUs) granted in February 2023 under the American Water Works Company, Inc. 2017 Omnibus Equity Compensation Plan. These awards vested on February 17, 2026. PSUs are settled solely by the delivery of one share of common stock per PSU (and may not be settled in cash).
Remarks:
/s/ Jeffrey M. Taylor, as attorney-in-fact for John C. Griffith 02/18/2026
** 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 did American Water Works (AWK) CEO report in this Form 4 filing?

The filing shows CEO John C. Griffith received stock-based compensation and related settlements. He acquired shares from restricted stock units and performance stock units, and had shares withheld to cover tax obligations, all affecting his direct ownership in American Water Works.

How many American Water Works (AWK) shares did the CEO acquire on February 17, 2026?

On February 17, 2026, CEO John C. Griffith acquired 12,729 shares tied to new restricted stock units and 8,322 shares from vested performance stock units. Both awards were granted under the company’s 2017 Omnibus Equity Compensation Plan and are settled solely in common stock.

What is the vesting schedule for the new RSU award reported by American Water Works (AWK)?

The new RSU award for CEO John C. Griffith vests in three approximately equal installments on January 31, 2027, January 31, 2028, and January 31, 2029. Vesting is subject to continued employment and certain continued vesting provisions in the event of retirement.

What does the tax-withholding disposition in American Water Works (AWK) Form 4 mean?

The Form 4 shows a disposition of 4,101 shares at $133.51 per share coded "F." This indicates a tax-withholding disposition, where shares are delivered to satisfy tax liabilities arising from stock awards, rather than an open-market stock sale by the CEO.

How many American Water Works (AWK) shares does the CEO own after these transactions?

After the reported transactions, CEO John C. Griffith directly owned 37,686 shares of American Water Works common stock. This figure reflects the addition of RSU and PSU-related shares and the reduction from shares delivered to cover tax obligations on the vested awards.

Are the American Water Works (AWK) RSUs and PSUs settled in cash or stock?

Both the restricted stock units (RSUs) and performance stock units (PSUs) are settled solely in American Water Works common stock. The disclosure notes that each unit converts into one share of common stock and "may not be settled in cash," emphasizing equity-based compensation.
American Wtr Wks Co Inc

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