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Johnson to depart H2O America (NASDAQ: HTO) with severance terms

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

H2O America filed a current report stating that Ms. Johnson will separate from the company effective July 3, 2026. The company classified the separation as “without cause” under her employment agreement. H2O America will pay Ms. Johnson the severance provided in that agreement, subject to the terms of a separate severance agreement.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Effective separation date July 3, 2026 Ms. Johnson separation date
Report date under Exchange Act June 10, 2026 Date of current report event
Signature date June 12, 2026 Report signed by CFO and Treasurer
Par value per share $0.001 per share H2O America common stock
Trading symbol HTO Nasdaq Global Select Market
without cause financial
"The Company determined the separation to be 'without cause' as defined in Ms. Johnson’s employment agreement"
severance amount financial
"will pay Ms. Johnson the severance amount provided under such employment agreement"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"the cover page XBRL tabs are embedded within Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
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Understanding 8-K Material Events →
0000766829FALSE00007668292026-06-102026-06-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 10, 2026
 
 
H2O America
(Exact name of registrant as specified in its charter)
 
 
Delaware001-896677-0066628
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
110 West Taylor Street,San Jose,CA 95110
(Address of principal executive offices) (Zip Code)
(408) 279-7800
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.001 per shareHTO
Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

    Emerging growth company ☐    

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐    



Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 10, 2026, Kristen Johnson and the Company mutually agreed that Ms. Johnson will separate from the Company, effective July 3, 2026. The Company determined the separation to be 'without cause' as defined in Ms. Johnson’s employment agreement and will pay Ms. Johnson the severance amount provided under such employment agreement subject to the terms of a severance agreement.

Item 9.01
Financial Statements and Exhibits
(d) Exhibits
Exhibit Number
Description of Documents
104
Cover Page Interactive Data File - the cover page XBRL tabs are embedded within Inline XBRL document



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


H2O AMERICA
Dated: June 12, 2026/s/ Ann Kelly
Ann Kelly, Chief Financial Officer and Treasurer




Source: View Original Filing on SEC EDGAR

FAQ

What did H2O America (HTO) announce about Ms. Johnson?

H2O America announced that Ms. Johnson will separate from the company effective July 3, 2026. The separation is classified as “without cause” under her employment agreement, which governs her severance and related terms.

When is Ms. Johnson’s separation from H2O America (HTO) effective?

Ms. Johnson’s separation from H2O America is effective July 3, 2026. This date is specified in the company’s current report filed under the Securities Exchange Act of 1934 describing her departure and applicable severance provisions.

How did H2O America classify Ms. Johnson’s separation?

H2O America determined Ms. Johnson’s separation to be “without cause” under her employment agreement. This classification triggers specific severance rights for her, subject to a separate severance agreement between Ms. Johnson and the company.

Will Ms. Johnson receive severance from H2O America (HTO)?

Yes, Ms. Johnson will receive the severance amount provided in her employment agreement. Payment is subject to the terms of a severance agreement, which will govern how those contractual severance benefits are implemented following her separation.

On which exchange does H2O America (HTO) trade its common stock?

H2O America’s common stock, with a par value of $0.001 per share, trades on the Nasdaq Global Select Market. The company’s trading symbol on this exchange is HTO, as disclosed in its current report.

Filing Exhibits & Attachments

3 documents

Other Documents