American States Water (NYSE: AWR) VP reports stock grants and tax-share withholdings

Rhea-AI Filing Summary

American States Water Co vice president Jon Pierotti reported a mix of stock awards and mechanistic share dispositions. On March 12, 2026, he received grants of 770.0000 and 630.3250 common shares, plus smaller awards earlier in the month, as part of compensation and benefit programs.

On March 13, 2026, 259.5680, 104.0658, and 98.4976 common shares were disposed of under code F at $74.4400 per share to satisfy tax liabilities, and 3.0471 shares were returned to the issuer, all non‑market transactions. Following these entries, he holds 3698.5542 common shares directly and 369.1676 shares indirectly through a 401k account.

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

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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^*

Pierotti Jon

(Last) (First) (Middle)

630 E FOOTHILL BLVD

(Street)

SAN DIMAS CA 91773

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN STATES WATER CO [ AWR ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President Reg Affairs

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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 Shares	03/05/2026		A		31.81(1)	A	$0	369.1676	I	401k
Common Shares	03/05/2026		D		3.0471(2)	D	$0	2,752.1476	D
Common Shares	03/05/2026		A		8.213(3)	A	$75.46	2,760.3606	D
Common Shares	03/12/2026		A		770	A	$0	3,530.3606	D
Common Shares	03/12/2026		A		630.325	A	$74.44	4,160.6856	D
Common Shares	03/13/2026		F		259.568(4)	D	$74.44	3,901.1176	D
Common Shares	03/13/2026		F		104.0658(5)	D	$74.44	3,797.0518	D
Common Shares	03/13/2026		F		98.4976(6)	D	$74.44	3,698.5542	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. Updated 401k

2. Adjustment due to partial shares

3. Der units credited on 03/05/2026 at FMV

4. 259.5680 shares withheld to satisfy tax liability

5. 259.5680 shares withheld to satisfy tax liability

6. 98.4976 shares withheld to satisfy tax liability

	/s/ Jon Pierotti	03/16/2026
	** 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).
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FAQ

What insider transactions did AWR executive Jon Pierotti report on this Form 4?

Jon Pierotti reported both share awards and non-market dispositions. He received several grants of American States Water common shares, then had shares withheld and returned to cover tax obligations and issuer-related adjustments, rather than executing open-market buys or sells.

Were any of Jon Pierotti’s AWR transactions open-market stock sales or purchases?

No, the reported transactions were not open-market trades. Dispositions were coded F for tax-withholding and D for a return to the issuer, while acquisitions were coded A as grants or awards, reflecting compensation and benefit-related activity instead of discretionary market trading.

How many AWR shares did Jon Pierotti receive as awards in this period?

Pierotti received multiple American States Water common share awards, including 770.0000 and 630.3250 shares on March 12, 2026, plus smaller grants such as 31.8100 shares credited to a 401k and 8.2130 shares, all categorized as compensation or benefit-related acquisitions.

Why were AWR shares withheld from Jon Pierotti in the March 13, 2026 transactions?

Shares were withheld to satisfy tax liabilities associated with his equity compensation. On March 13, 2026, 259.5680, 104.0658, and 98.4976 shares of American States Water common stock were disposed of under code F, designated as tax-withholding transactions rather than voluntary sales.

What are Jon Pierotti’s AWR share holdings after these Form 4 transactions?

After the reported transactions, Pierotti holds 3698.5542 American States Water common shares directly. He also holds 369.1676 additional common shares indirectly through a 401k account, reflecting both his compensation-related grants and the effect of tax-withholding and issuer disposition entries.

How should investors interpret the F code dispositions in this AWR Form 4?

F code dispositions indicate shares delivered to cover tax obligations, not open-market selling. In this filing, American States Water shares labeled with code F were withheld for taxes tied to equity awards, representing administrative tax payments rather than changes in Pierotti’s discretionary investment stance.