American States Water Co (NYSE: AWR) director receives new stock grant

Rhea-AI Filing Summary

American States Water Co director Caroline Ann Winn reported routine equity compensation activity. She received a grant of 526.8704 common shares at a reference price of $75.92 per share, increasing her directly held stake to 1,610.199 shares.

The filing also shows a tiny earlier adjustment, where 0.047 share was returned to the issuer at no stated price, plus a prior grant of 3.4182 shares at $73.52. All transactions involve common shares held directly, with no derivative positions reported.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Winn Caroline Ann

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	526.87	$75.92	$40K
Disposition	Common Shares	0.047	$0.00	--
Grant/Award	Common Shares	3.418	$73.52	$251.31

Holdings After Transaction: Common Shares — 1,610.199 shares (Direct, null)

Footnotes (1)

1. Der units credited on 09/03/2025 at FMV Adjustment due to partial shares

Key Figures

New share grant: 526.8704 shares at $75.92 Shares after latest grant: 1,610.199 shares Prior small grant: 3.4182 shares at $73.52 +1 more

4 metrics

New share grant 526.8704 shares at $75.92 Grant, award, or other acquisition on 2026-05-19

Shares after latest grant 1,610.199 shares Total common shares directly held following 2026-05-19 transaction

Prior small grant 3.4182 shares at $73.52 Grant, award, or other acquisition on 2025-09-03

Disposition to issuer 0.047 share at $0.00 Disposition to issuer on 2026-02-14

Key Terms

Grant, award, or other acquisition, Disposition to issuer, non-derivative, der units

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Disposition to issuer financial

"transaction_code_description: Disposition to issuer"

non-derivative financial

"transaction_type: non-derivative"

der units financial

"Footnote: Der units credited on 09/03/2025 at FMV"

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^*

Winn Caroline Ann

(Last) (First) (Middle)

630 E FOOTHILL BLVD

(Street)

SAN DIMAS CALIFORNIA 91773

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			No

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/03/2025		A		3.4182(1)	A	$73.52	1,083.3756	D
Common Shares	02/14/2026		D		0.047(2)	D	$0	1,083.3286	D
Common Shares	05/19/2026		A		526.8704	A	$75.92	1,610.199	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. Der units credited on 09/03/2025 at FMV

2. Adjustment due to partial shares

	/s/ Caroline A. Winn	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did AMERICAN STATES WATER CO (AWR) director Caroline Ann Winn report in this Form 4?

Caroline Ann Winn reported routine equity compensation activity. She received 526.8704 common shares as a grant at a reference price of $75.92, along with a small prior grant and a minor share adjustment involving a disposition to the issuer.

How many AMERICAN STATES WATER CO (AWR) shares does Caroline Ann Winn hold after these transactions?

After the reported transactions, Caroline Ann Winn directly holds 1,610.199 common shares. This total reflects the new 526.8704-share grant, a prior 3.4182-share grant, and a very small 0.047-share disposition back to the issuer earlier in the year.

Was the AMERICAN STATES WATER CO (AWR) Form 4 a stock purchase or a grant?

The Form 4 reflects stock grants, not open-market purchases. It records 526.8704 common shares acquired as a “Grant, award, or other acquisition,” meaning equity compensation, plus a small earlier grant and an immaterial disposition to the issuer of 0.047 share.

Did Caroline Ann Winn sell any AMERICAN STATES WATER CO (AWR) shares in this Form 4?

The filing does not show any open-market sales. It records a minor disposition of 0.047 share classified as a “Disposition to issuer,” along with two grant-type acquisitions totaling 530.2886 shares, leaving her with 1,610.199 common shares held directly.

Are there any derivative securities or options reported for AMERICAN STATES WATER CO (AWR) in this Form 4?

No derivative securities are listed in this Form 4. All reported transactions involve non-derivative common shares, including the 526.8704-share grant, the 3.4182-share grant, and the small 0.047-share disposition back to the issuer noted earlier in the reporting history.