American Water (NYSE: AWK) director granted 1,374 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Water Works Company, Inc. director Michael Marberry reported an equity award in the form of 1,374 stock units that settle solely in common stock on a one-share-per-unit basis. The units vested on the grant date and were immediately converted into shares, increasing his direct holdings to 11,395 common shares. This was a compensation-related grant at no cash cost per share, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marberry Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,374 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,395 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,374 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 11,395 shares
+1 more
4 metrics
Shares granted
1,374 shares
Stock units settling in common stock granted to director
Grant price per share
$0.0000 per share
Compensation-related stock unit award, non-cash
Shares held after transaction
11,395 shares
Director’s direct common stock holdings following the award
Acquire transactions
1 transaction
Form 4 transaction summary shows one acquisition event
Key Terms
stock units, vested on the date of grant, Grant, award, or other acquisition, common stock
4 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.
vested on the date of grant financial
"The stock units vested on the date of grant and will be converted"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
common stock financial
"settle solely in the common stock of American Water Works Company, Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did American Water Works (AWK) disclose in this Form 4?
The filing shows director Michael Marberry received 1,374 stock units that settle in American Water common stock. These units vested on the grant date and were immediately converted into shares, reflecting a compensation-related equity award rather than an open-market trade.
Was the American Water (AWK) director’s Form 4 transaction a market purchase or sale?
The transaction was not a market trade. It is coded as a grant or award acquisition, with 1,374 stock units awarded at a price of $0.0000 per share, indicating stock-based compensation rather than an open-market purchase or sale of American Water shares.
What does the Form 4 reveal about derivative or option positions for American Water (AWK)?
The filing’s derivative section is empty, indicating no derivative transactions or remaining option-like positions were reported in this Form 4. The disclosed activity centers solely on 1,374 vested stock units that converted directly into American Water common shares.