American Water Works (AWK) CFO reports stock grants and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Water Works Company EVP and CFO David Bowler reported equity compensation transactions. He acquired 3,711 shares underlying a new restricted stock unit award and 1,632 performance stock unit shares that vested, all in common stock. Separately, 693 shares were disposed of to satisfy tax withholding obligations, leaving him with 10,598 directly owned shares.
The RSU award, granted under the 2017 Omnibus Equity Compensation Plan, will vest in three roughly equal installments on January 31 of 2027, 2028 and 2029, subject to continued employment and retirement-related vesting provisions. Both RSUs and PSUs are settled solely in shares, not cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bowler David
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,711 | $0.00 | -- |
| Grant/Award | Common Stock | 1,632 | $0.00 | -- |
| Tax Withholding | Common Stock | 693 | $133.51 | $93K |
Holdings After Transaction:
Common Stock — 9,659 shares (Direct)
Footnotes (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. This award 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). 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).
FAQ
What insider transactions did AWK EVP and CFO David Bowler report?
David Bowler reported equity awards in American Water Works common stock and a related tax share disposition. He received restricted stock units and vested performance stock units, while 693 shares were delivered back to cover tax obligations, reflecting routine executive compensation activity rather than open-market trading.
What is the vesting schedule for David Bowler’s new RSU award at American Water Works (AWK)?
The new restricted stock unit award vests in three approximately equal installments on January 31, 2027, January 31, 2028 and January 31, 2029. Vesting is conditioned on continued employment and certain continued vesting provisions that apply in the event of retirement under the company’s plan.
Under what plan were David Bowler’s AWK RSUs and PSUs granted and settled?
Both the restricted stock units and performance stock units were granted under the American Water Works Company, Inc. 2017 Omnibus Equity Compensation Plan. The footnotes explain that RSUs and PSUs are settled solely in common stock, one share per unit, and cannot be settled in cash.