American States Water (NYSE: AWR) VP records share grants and tax withholdings

Rhea-AI Filing Summary

American States Water VP of Asset Management Patrick Kubiak reported routine compensation-related share movements in March 2026. On March 5 and March 12, he acquired multiple grants of common shares at no cost or at stated fair market values as part of awards. On March 13, a total of 462.1314 common shares was disposed of through tax-withholding transactions at about $74.44 per share, and a very small additional amount was returned to the issuer to adjust partial shares. These are not open-market buys or sells but administrative transactions tied to equity compensation, and he continues to hold a direct ownership position in the company’s common shares.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Kubiak Patrick

Role VP of Asset Management

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	259.568	$74.44	$19K
Tax Withholding	Common Shares	104.066	$74.44	$8K
Tax Withholding	Common Shares	98.498	$74.44	$7K
Grant/Award	Common Shares	770	$0.00	--
Grant/Award	Common Shares	630.325	$74.44	$47K
Disposition	Common Shares	1.918	$0.00	--
Grant/Award	Common Shares	8.213	$75.46	$619.75

Holdings After Transaction: Common Shares — 4,282.806 shares (Direct)

Footnotes (1)

1. Adjustment due to partial shares Der units credited on 03/05/2026 at FMV 259.5680 shares withheld to satisfy tax liability 104.0658 shares withheld to satisfy tax liability 98.4976 shares withheld to satisfy tax liability

Form 4 Insider Transactions: What Each Field Means →

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^*

Kubiak Patrick

(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)
	VP of Asset Management

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		D		1.9182(1)	D	$0	3,133.8362	D
Common Shares	03/05/2026		A		8.213(2)	A	$75.46	3,142.0492	D
Common Shares	03/12/2026		A		770	A	$0	3,912.0492	D
Common Shares	03/12/2026		A		630.325	A	$74.44	4,542.3742	D
Common Shares	03/13/2026		F		259.568(3)	D	$74.44	4,282.8062	D
Common Shares	03/13/2026		F		104.0658(4)	D	$74.44	4,178.7404	D
Common Shares	03/13/2026		F		98.4976(5)	D	$74.44	4,080.2428	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. Adjustment due to partial shares

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

3. 259.5680 shares withheld to satisfy tax liability

4. 104.0658 shares withheld to satisfy tax liability

5. 98.4976 shares withheld to satisfy tax liability

	/s/ Patrick Kubiak	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).
** 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 insider transactions did AWR VP Patrick Kubiak report?

Patrick Kubiak reported equity compensation activity, including several grants of American States Water common shares and related tax-withholding dispositions. These transactions reflect stock-based awards and associated tax settlements rather than open-market purchases or sales of AWR shares.

Were Patrick Kubiak’s AWR share transactions open-market trades?

No, the reported transactions were not open-market trades. They were primarily grants or awards of common shares and tax-withholding dispositions used to satisfy tax liabilities associated with those equity awards at specified fair market values.

How many AWR shares were withheld for Patrick Kubiak’s taxes?

The filing shows a total of 462.1314 American States Water common shares classified as tax-withholding dispositions. These shares were surrendered at about $74.44 per share to cover tax obligations tied to recently granted equity awards.

What types of Form 4 codes appear in Patrick Kubiak’s AWR filing?

The transactions use code A for grant or award acquisitions, code F for tax-withholding dispositions, and code D for a small disposition to the issuer. Together, they describe routine equity compensation activity rather than discretionary market trading.

Does Patrick Kubiak still hold American States Water shares after these transactions?

Yes. After the grants, tax-withholding dispositions, and minor adjustment to partial shares, the Form 4 indicates that Patrick Kubiak continues to hold a direct ownership position in American States Water common shares as part of his compensation package.