Energy Recovery (NASDAQ: ERII) SVP trades shares under 10b5-1 plan
Rhea-AI Filing Summary
Energy Recovery, Inc. SVP, Water Rodney Clemente reported transactions in company common stock. On July 28, 2026, he sold 5,387 shares at $8.56 per share in an open-market or private transaction pursuant to a Rule 10b5-1 trading plan. On July 27, 2026, 2,320 shares were disposed of at $8.42 per share to satisfy tax obligations through share withholding upon vesting under Rule 16b-3(e).
Positive
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Negative
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Insider Trade Summary
Net Seller: 7,707 shares
Net Sell
2 txns
Insider
Clemente Rodney
Role
SVP, Water
Sold
5,387 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 5,387 | $8.56 | $46K |
| Tax Withholding | Common Stock F1 | 2,320 | $8.42 | $20K |
Holdings After Transaction:
Common Stock — 108,301 shares (Direct)
Footnotes (2)
- F1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F2. These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Key Figures
Shares sold: 5,387 shares
Sale price: $8.56 per share
Shares withheld for taxes: 2,320 shares
+2 more
5 metrics
Shares sold
5,387 shares
Common stock sale on July 28, 2026
Sale price
$8.56 per share
Price for 5,387-share sale of common stock
Shares withheld for taxes
2,320 shares
Tax-withholding disposition on July 27, 2026
Tax withholding price
$8.42 per share
Price for 2,320-share tax-withholding transaction
Net buy/sell shares
-5,387 shares
Net shares sold across reported transactions
Key Terms
Rule 10b5-1 trading plan, Rule 16b-3(e), tax obligation by withholding securities
3 terms
Rule 10b5-1 trading plan regulatory
"transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Rule 16b-3(e) regulatory
"tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e)"
tax obligation by withholding securities financial
"Payment of tax obligation by withholding securities incident to the vesting of securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ERII executive Rodney Clemente report?
Rodney Clemente, SVP, Water, reported selling 5,387 ERII common shares at $8.56 and a 2,320-share disposition at $8.42 for tax withholding. Both transactions involved Energy Recovery common stock.
Was the July 28, 2026 ERII stock sale by the SVP under a 10b5-1 plan?
Yes. The July 28, 2026 sale of 5,387 ERII shares at $8.56 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, indicating the trades followed a pre-established plan.
What prices were involved in the recent ERII insider transactions by the SVP?
The SVP sold 5,387 ERII shares at $8.56 per share on July 28, 2026, and had 2,320 shares withheld for taxes at $8.42 per share on July 27, 2026, according to the Form 4.