AWR (AWR) VP reports small share awards and tax withholding

Rhea-AI Filing Summary

AMERICAN STATES WATER CO vice president of water operations David R. Schickling reported several routine equity transactions in company common shares. On February 18, 2026, he had 61.9286 shares withheld at $74.88 per share to cover tax liabilities, leaving 2,249.8137 shares owned directly.

Earlier, he received small direct share awards of 8.2737 shares at $78.44 on June 3, 2025, 9.6141 shares at $73.52 on September 3, 2025, and 9.7637 shares at $72.89 on December 2, 2025. Footnotes state these grants reflect dividend equivalent rights units credited at fair market value and that the withheld shares were used to satisfy tax obligations rather than sold in the open market.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Schickling David R

Role Vice President Water Operation

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	61.929	$74.88	$5K
Grant/Award	Common Shares	9.764	$72.89	$711.68
Grant/Award	Common Shares	9.614	$73.52	$706.83
Grant/Award	Common Shares	8.274	$78.44	$648.99

Holdings After Transaction: Common Shares — 2,249.814 shares (Direct)

Footnotes (1)

1. DER units credited on 06/03/2025 at FMV DER units credited on 09/03/2025 at FMV DER units credited on 12/02/2025 at FMV 61.9286 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
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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^*

Schickling David R

(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 Water Operation

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	06/03/2025		A		8.2737(1)	A	$78.44	2,292.3644	D
Common Shares	09/03/2025		A		9.6141(2)	A	$73.52	2,301.9786	D
Common Shares	12/02/2025		A		9.7637(3)	A	$72.89	2,311.7423	D
Common Shares	02/18/2026		F		61.9286(4)	D	$74.88	2,249.8137	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 06/03/2025 at FMV

2. DER units credited on 09/03/2025 at FMV

3. DER units credited on 12/02/2025 at FMV

4. 61.9286 shares withheld to satisfy tax liability

	/s/ David R. Schickling	02/20/2026
	** 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 did AWR executive David Schickling report in this Form 4 filing?

David R. Schickling reported routine equity activity involving American States Water common shares, including small share awards and tax-related share withholding. These transactions adjusted his direct holdings but did not represent open market purchases or sales of stock.

How many AWR shares were withheld for David Schickling’s taxes?

A total of 61.9286 American States Water common shares were withheld on February 18, 2026. Footnotes explain this withholding satisfied tax liabilities, using shares at a price of $74.88 per share instead of a cash payment to the company or tax authorities.

Did David Schickling sell AWR shares in the open market?

The filing describes a tax-withholding disposition of 61.9286 shares, not an open market sale. Shares were retained by the company to cover tax obligations, so there was no recorded open market buy or sell transaction in this disclosure.

What share awards did David Schickling receive from American States Water?

He received direct awards of 8.2737, 9.6141, and 9.7637 common shares on June 3, September 3, and December 2, 2025. The footnotes indicate these reflect dividend equivalent rights units credited at fair market value on each respective date.

How many AWR shares does David Schickling own after these transactions?

After the February 18, 2026 tax-withholding transaction, David R. Schickling directly owned 2,249.8137 American States Water common shares. This figure reflects net holdings following the reported grants and the shares withheld to satisfy his associated tax liabilities.

What do the DER unit footnotes mean in the AWR Form 4?

The footnotes state that DER (dividend equivalent right) units were credited at fair market value on June 3, September 3, and December 2, 2025. These credits resulted in small share grants, linking dividend equivalents to actual common share awards for the executive.