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American States Water (NYSE: AWR) SVP logs equity grants and tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

American States Water Company executive equity activity centered on compensation-related grants and tax withholding. SVP of Operations Paul J. Rowley received several awards of common shares, including 1,071 shares and 873.8351 shares on March 12, 2026, and 447.8041 shares credited to a 401(k) account on March 5, 2026. A small 11.4307-share award and a 1.5878-share disposition to the issuer also occurred on March 5, 2026. On March 13, 2026, a total of 580.4721 shares were withheld at $74.44 per share to satisfy tax liabilities, a non-market disposition that does not represent an open-market sale. Following these transactions, Rowley directly holds 7,824.1735 common shares and indirectly holds 4,649.7679 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Rowley Paul J
Role SVP OF OPERATIONS
Type Security Shares Price Value
Tax Withholding Common Shares 359.845 $74.44 $27K
Tax Withholding Common Shares 113.29 $74.44 $8K
Tax Withholding Common Shares 107.337 $74.44 $8K
Grant/Award Common Shares 1,071 $0.00 --
Grant/Award Common Shares 873.835 $74.44 $65K
Grant/Award Common Shares 447.804 $0.00 --
Disposition Common Shares 1.588 $0.00 --
Grant/Award Common Shares 11.431 $75.46 $862.56
Holdings After Transaction: Common Shares — 8,044.8 shares (Direct); Common Shares — 4,649.768 shares (Indirect, 401k)
Footnotes (1)
  1. Updated 401k Adjustment due to partial shares Der units credited on 03/05/2026 at FMV 359.8452 shares withheld to satisfy tax liability 113.2903 shares withheld to satisfy tax liability 107.3366 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*
Rowley Paul J
(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)
SVP OF OPERATIONS
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 447.8041(1) A $0 4,649.7679 I 401k
Common Shares 03/05/2026 D 1.5878(2) D $0 6,448.3799 D
Common Shares 03/05/2026 A 11.4307(3) A $75.46 6,459.8105 D
Common Shares 03/12/2026 A 1,071 A $0 7,530.8105 D
Common Shares 03/12/2026 A 873.8351 A $74.44 8,404.6456 D
Common Shares 03/13/2026 F 359.8452(4) D $74.44 8,044.8004 D
Common Shares 03/13/2026 F 113.2903(5) D $74.44 7,931.5101 D
Common Shares 03/13/2026 F 107.3366(6) D $74.44 7,824.1735 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. 359.8452 shares withheld to satisfy tax liability
5. 113.2903 shares withheld to satisfy tax liability
6. 107.3366 shares withheld to satisfy tax liability
/s/ Paul J. Rowley 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did AWR executive Paul J. Rowley report in this Form 4?

Paul J. Rowley reported equity compensation grants and related tax-withholding dispositions of American States Water common shares. The filing shows multiple awards credited to both direct holdings and a 401(k) account, plus shares withheld to cover tax liabilities rather than sold in the open market.

How many American States Water (AWR) shares were granted to Paul J. Rowley?

Rowley received several grants, including 1,071 common shares and 873.8351 common shares on March 12, 2026, 447.8041 shares credited to a 401(k) on March 5, 2026, and an additional 11.4307-share award. These entries reflect compensation-related acquisitions, not open-market purchases.

How many AWR shares were withheld to cover Paul J. Rowley’s taxes?

A total of 580.4721 American States Water common shares were withheld on March 13, 2026 to satisfy tax liabilities. This consisted of 359.8452, 113.2903, and 107.3366 shares, each valued at $74.44 per share, and is classified as tax-withholding, not market selling.

What are Paul J. Rowley’s AWR share holdings after these transactions?

After the reported transactions, Rowley directly holds 7,824.1735 American States Water common shares. He also indirectly holds 4,649.7679 common shares through a 401(k) plan. These figures reflect his equity position following the compensation grants and tax-withholding entries disclosed.

Does this AWR Form 4 show open-market buying or selling by Paul J. Rowley?

The Form 4 does not show open-market purchases or sales. Transactions are classified as grants or awards (code A), one small disposition to the issuer (code D), and tax-withholding dispositions (code F) used to satisfy tax obligations rather than discretionary trading in the market.

How should investors interpret the tax-withholding transactions in AWR’s Form 4?

The tax-withholding entries indicate shares delivered to cover tax liabilities on equity compensation. They are coded as F transactions and are mechanistic, not discretionary trades. Such dispositions generally carry limited signaling value about the insider’s view of American States Water’s stock.