H2O America (HTO) CFO awarded 1,707 RSUs in equity compensation grant

Rhea-AI Filing Summary

H2O America reported that its CFO and Treasurer, Kelly Ann P, acquired 1,707 shares of common stock through a restricted stock unit (RSU) grant at no cash cost. These RSUs vest in three equal annual installments over three years. After this grant, she holds 10,064 shares in total, including 1,947 common shares and 8,117 shares underlying RSUs that will vest under their terms.

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

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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^*

Kelly Ann P

(Last) (First) (Middle)

110 W TAYLOR ST

(Street)

SAN JOSE CA 95110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
H2O AMERICA [ HTO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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 Stock	02/27/2026		A		1,707(1)	A	$0	10,064(2)	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. Represents 1,707 shares of the issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs") granted to the reporting person under the issuer's Long-Term Incentive Plan. Each RSU entitles the reporting person to receive one share of Common Stock upon vesting of the RSU. The RSUs will vest in three annual successive installments upon the completion of the reporting person's each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.

2. Represents 1,947 shares of Common Stock and 8,117 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.

Remarks:

	/s/ Marisa Joss Attorney-in-Fact for Ann P. Kelly	03/03/2026
	** 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).
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FAQ

What insider transaction did H2O America (HTO) disclose for Kelly Ann P?

H2O America disclosed that CFO and Treasurer Kelly Ann P acquired 1,707 shares of common stock via a restricted stock unit grant. The award was granted at no cash price and is part of the company’s Long-Term Incentive Plan for executive compensation.

How many H2O America (HTO) shares does Kelly Ann P hold after this Form 4?

After the reported transaction, Kelly Ann P holds 10,064 shares related to H2O America. This consists of 1,947 shares of common stock and 8,117 shares underlying restricted stock units that will vest and become issuable according to their terms and schedule.

What are the vesting terms of the 1,707 RSUs granted to H2O America’s CFO?

The 1,707 RSUs granted to H2O America’s CFO vest in three annual, successive installments over three years. Each year of continued service with the company results in one installment vesting, with provisions for accelerated vesting under certain prescribed circumstances detailed in the plan.

Was there any cash paid for the 1,707 H2O America RSUs reported in the Form 4?

No cash was paid for the 1,707 RSUs; the transaction price per share is reported as 0.0000. These shares represent a grant under H2O America’s Long-Term Incentive Plan, reflecting equity-based compensation rather than an open-market purchase.

How do the RSUs reported for H2O America (HTO) convert into common stock?

Each restricted stock unit entitles the holder to receive one share of H2O America common stock upon vesting. The RSUs granted to the CFO and the 8,117 outstanding RSUs will vest and become issuable in line with their terms, service requirements, and any applicable acceleration provisions.