Energy Recovery (ERII) director gets 18,094-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Energy Recovery, Inc. director Colin R. Sabol reported a stock award of 18,094 shares of common stock on June 4, 2026. The award was recorded at a price of $8.29 per share as a grant or other acquisition, meaning it reflects equity compensation rather than an open-market purchase.
After this award, Sabol directly holds 44,491 shares of common stock and indirectly holds 3,000 shares through a joint tenancy with right of survivorship. A related footnote states that the restricted stock unit will fully vest at the 2027 annual meeting, anticipated to occur on or around June 3, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sabol Colin R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,094 | $8.29 | $150K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,491 shares (Direct, null);
Common Stock — 3,000 shares (Indirect, Colin Sabol & Julie Sabol JTWROS)
Footnotes (1)
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Key Figures
Stock award size: 18,094 shares
Grant valuation price: $8.29 per share
Direct holdings after grant: 44,491 shares
+2 more
5 metrics
Stock award size
18,094 shares
Grant, award, or other acquisition on June 4, 2026
Grant valuation price
$8.29 per share
Recorded price for 18,094-share award
Direct holdings after grant
44,491 shares
Common stock directly owned by Colin R. Sabol after transaction
Indirect holdings
3,000 shares
Common stock held JTWROS by Colin & Julie Sabol
Vesting date
2027 Annual Meeting
Restricted stock unit fully vests around June 3, 2027
Key Terms
restricted stock unit, Grant, award, or other acquisition, JTWROS, Form 4
4 terms
restricted stock unit financial
"The restricted stock unit will fully vest on the 2027 Annual Meeting"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
JTWROS financial
"nature_of_ownership": "Colin Sabol & Julie Sabol JTWROS""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Energy Recovery (ERII) report for Colin R. Sabol?
Energy Recovery reported that director Colin R. Sabol received a grant of 18,094 shares of common stock. The transaction is classified as a grant, award, or other acquisition, reflecting equity compensation rather than an open-market trade.
When will Colin R. Sabol’s restricted stock unit award in Energy Recovery (ERII) fully vest?
A footnote states the restricted stock unit will fully vest at the 2027 annual meeting, anticipated to occur on or around June 3, 2027. Vesting ties the award to Sabol’s continued service through that meeting.
Does the Energy Recovery (ERII) Form 4 show any insider sales by Colin R. Sabol?
The Form 4 does not report any sales by Colin R. Sabol. It shows an 18,094-share grant coded as an acquisition and an additional line reflecting 3,000 shares held indirectly in joint tenancy, without a sale transaction.