H2O America director awarded 1,947 RSUs
H2O America director Mary Ann Hanley reported receiving a grant of 1,947 restricted stock units under the company’s Long-Term Incentive Plan.
Rhea-AI Filing Summary
H2O America director Mary Ann Hanley reported receiving a grant of 1,947 restricted stock units under the company’s Long-Term Incentive Plan. Each RSU converts into one common share if she continues Board service through the day before the 2027 annual stockholders meeting, with certain acceleration rights.
Following this award, she holds 11,583 shares and RSUs in total, including 9,636 common shares and 1,947 shares underlying these RSUs. She has elected to defer receipt of the RSUs under the Formulaic Equity Award Program for Non-Employee Board Members.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,947 shares
Grant/Award
1 txn
Insider
HANLEY MARY ANN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,947 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 11,583 shares (Direct)
Footnotes (2)
- F1. Represents 1,947 restricted stock units ("RSUs") granted to the reporting person under the Issuer's Long-Term Incentive Plan ("LTIP"). Each RSU will entitle the reporting person to receive one share of the Issuer's common stock ("Common Stock") when that unit vests. The RSUs will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2027 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances. The reporting person has elected to defer receipt of the RSUs pursuant to the terms of the Formulaic Equity Award Program for Non-Employee Board Members implemented under the LTIP.
- F2. Represents 9,636 shares of Common Stock and 1,947 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.
Key Figures
RSU grant size: 1,947 RSUs
Transaction price per RSU: $0.0000 per unit
Total holdings after grant: 11,583 shares/RSUs
+3 more
6 metrics
RSU grant size
1,947 RSUs
Award under Long-Term Incentive Plan to director Mary Ann Hanley
Transaction price per RSU
$0.0000 per unit
Equity compensation grant, no cash paid by director
Total holdings after grant
11,583 shares/RSUs
Common stock and RSUs held following the reported award
Common shares held
9,636 shares
Common stock position excluding unvested RSUs, as noted in footnote
RSUs underlying common stock
1,947 shares
Shares of common stock underlying the RSUs reported in this filing
Vesting condition
Through 2027 annual meeting
RSUs vest with continued Board service through day before 2027 stockholders meeting
Key Terms
restricted stock units ("RSUs"), Long-Term Incentive Plan ("LTIP"), Formulaic Equity Award Program for Non-Employee Board Members, transaction code "A", +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents 1,947 restricted stock units ("RSUs") granted to the reporting person under the Issuer's Long-Term Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Long-Term Incentive Plan ("LTIP") financial
"RSUs granted to the reporting person under the Issuer's Long-Term Incentive Plan ("LTIP")"
Formulaic Equity Award Program for Non-Employee Board Members financial
"defer receipt of the RSUs pursuant to the terms of the Formulaic Equity Award Program for Non-Employee Board Members"
transaction code "A" financial
"transaction_code": "A" ... "transaction_code_description": "Grant, award, or other acquisition""
deferred receipt financial
"The reporting person has elected to defer receipt of the RSUs pursuant to the terms of the Formulaic Equity Award Program"
FAQ
What did H2O America (HTO) director Mary Ann Hanley report in this Form 4?
Mary Ann Hanley reported receiving 1,947 restricted stock units as a Board compensation award. Each unit will convert into one share of H2O America common stock if vesting conditions tied to continued Board service through the 2027 annual meeting are met.
What are the vesting conditions for Mary Ann Hanley’s 1,947 H2O America RSUs?
The 1,947 restricted stock units will vest in full if Mary Ann Hanley continues Board service through the day immediately before H2O America’s 2027 annual stockholders meeting. The filing also notes the potential for accelerated vesting under certain prescribed circumstances outlined in the plan.
Did Mary Ann Hanley pay for the H2O America (HTO) RSU grant reported on this Form 4?
No cash price was reported for the 1,947 restricted stock units, indicating they were granted as equity compensation. The transaction code is “A” for a grant, award, or other acquisition, and the price per share is shown as 0.0000 in the filing data.
How are Mary Ann Hanley’s H2O America RSUs treated under the company’s plans?
The RSUs were granted under H2O America’s Long-Term Incentive Plan and fall under a Formulaic Equity Award Program for non-employee Board members. Each RSU converts into one common share upon vesting, and Hanley has elected to defer receipt in accordance with program terms.
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