H2O America director granted 1,947 RSUs
More Daniel B. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
More Daniel B. reported acquisition or exercise transactions in this Form 4 filing.
H2O America director Daniel B. More reported an equity grant of 1,947 restricted stock units (RSUs). These RSUs were granted under the company’s Long-Term Incentive Plan and each unit entitles him to one share of common stock when it vests.
The RSUs will vest in full if he continues Board service through the day immediately preceding H2O America’s 2027 annual stockholders meeting, with potential accelerated vesting in certain circumstances. In addition, 15,138 shares of common stock are held indirectly through the Daniel B. More Revocable Trust.
Insider Trade Summary
Grant/Award: 1,947 shares
Grant/Award
2 txns
Insider
More Daniel B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,947 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,947 shares (Direct);
Common Stock — 15,138 shares (Indirect, Daniel B. More Revocable Trust)
Footnotes (1)
- F1. Represents 1,947 restricted stock units ("RSUs") granted to the reporting person under the Issuer's Long-Term Incentive Plan. 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.
Key Figures
RSU grant size: 1,947 RSUs
RSU grant price per unit: $0.00 per unit
Direct holdings from RSU award: 1,947 shares
+2 more
5 metrics
RSU grant size
1,947 RSUs
Granted under Long-Term Incentive Plan
RSU grant price per unit
$0.00 per unit
Equity award, no cash paid
Direct holdings from RSU award
1,947 shares
Shares underlying RSUs following grant
Indirect common stock holdings
15,138 shares
Held via Daniel B. More Revocable Trust
RSU vesting timing
Before 2027 annual meeting
Vests if Board service continues through day immediately preceding meeting
Key Terms
restricted stock units, Long-Term Incentive Plan, vest, annual stockholders meeting, +1 more
5 terms
restricted stock units financial
"Represents 1,947 restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"RSUs granted to the reporting person under the Issuer's Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vest financial
"Each RSU will entitle the reporting person to receive one share of Common Stock when that unit vests"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholders meeting financial
"through the day immediately preceding the date of the Issuer's 2027 annual stockholders meeting"
accelerated vesting financial
"subject to accelerated vesting under certain prescribed circumstances"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did H2O America (HTO) director Daniel B. More report in this Form 4?
Daniel B. More reported an award of 1,947 restricted stock units (RSUs). These RSUs were granted under H2O America’s Long-Term Incentive Plan and each unit will convert into one share of common stock when the vesting conditions are satisfied.
How many H2O America (HTO) RSUs were granted to Daniel B. More?
He was granted 1,947 restricted stock units. Each RSU represents a right to receive one share of H2O America common stock, providing stock-based compensation that aligns the director’s interests with shareholders once the units vest in the future.
When do Daniel B. More’s H2O America (HTO) RSUs vest?
The RSUs vest in full if he continues Board service through the day immediately preceding H2O America’s 2027 annual stockholders meeting. The award is also subject to accelerated vesting under certain prescribed circumstances described in the plan and grant terms.
What indirect H2O America (HTO) holdings are reported for Daniel B. More?
The filing shows 15,138 H2O America common shares held indirectly through the Daniel B. More Revocable Trust. This line is reported as an indirect ownership entry, separate from the new RSU grant, and reflects existing trust-held common stock.
Is Daniel B. More’s H2O America (HTO) RSU grant a market purchase or sale?
The RSU grant is not a market purchase or sale. It is a stock-based compensation award under H2O America’s Long-Term Incentive Plan, recorded with transaction code A for a grant, award, or other acquisition rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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