American Water director granted 2,159 shares
American Water Works Company director Karl F. Kurz received a grant of 2,159 stock units that vest immediately and convert into common shares on a one-share-per-unit basis at no cost.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
American Water Works Company director Karl F. Kurz received a grant of 2,159 stock units that vest immediately and convert into common shares on a one-share-per-unit basis at no cost. After this grant, he directly holds 22,758 shares of American Water Works common stock.
Insider Trade Summary
Grant/Award: 2,159 shares
Grant/Award
1 txn
Insider
Kurz Karl F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,159 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 22,758 shares (Direct)
Holdings Before and After:
Common Stock, 20,599 to 22,758 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares granted: 2,159 shares
Grant price: $0.00 per share
Shares owned after grant: 22,758 shares
3 metrics
Shares granted
2,159 shares
Stock unit grant vested and converted on grant date
Grant price
$0.00 per share
Compensation-related stock unit award, not open-market purchase
Shares owned after grant
22,758 shares
Total direct holdings following the Form 4 transaction
Key Terms
stock units, Form 4, grant/award acquisition
3 terms
stock units financial
"The shares indicated constitute units that settle solely in the common stock"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "American Water Works Company, Inc.""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
"transaction_action": "grant/award acquisition", "transaction_code_description""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did American Water (AWK) director Karl F. Kurz report?
Director Karl F. Kurz reported receiving a grant of 2,159 stock units that settle in American Water common stock. The units vested on the grant date and were immediately converted into shares, representing a compensation-related award rather than an open-market purchase.
Was the American Water (AWK) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant or award acquisition coded as “A,” not an open-market purchase. Kurz received 2,159 stock units at a price of $0.00 per share as compensation, which vested immediately and converted into common stock on a one-share-per-unit basis.
What do the stock units in the American Water (AWK) Form 4 represent?
The stock units represent rights that settle solely in American Water common stock. According to the footnote, each unit converts into one share. In this filing, 2,159 units vested on the grant date and were immediately converted into an equal number of common shares.
How is the transaction in the American Water (AWK) Form 4 coded by the SEC?
The transaction is coded as “A,” indicating a grant, award, or other acquisition of non-derivative common stock. It is classified as an acquisition with 2,159 shares at a per-share price of $0.00, reflecting compensation rather than a cash-funded share purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
