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Essential Utilities (WTRG) exec logs stock award and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Essential Utilities, Inc. President – Peoples, Michael Huwar, reported equity compensation activity involving company common stock. He acquired 2,598.5 shares at no cost through the earning and vesting of performance-based share units that were originally awarded on 2/22/2023, with vesting determined on 02/04/2026 at 63.58%. To cover tax obligations tied to the vesting of restricted stock units and performance-based share units, 1,939 shares were disposed of back to the issuer at a price of $38.78 per share. After these transactions, Huwar directly owns 21,422.5 shares of Essential Utilities common stock. This amended filing reflects the final calculation of shares withheld for taxes.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Huwar Michael

(Last) (First) (Middle)
762 W. LANCASTER AVENUE

(Street)
BRYN MAWR PA 19010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Essential Utilities, Inc. [ WTRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President - Peoples
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/24/2026
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 02/22/2026 A 2,598.5(1) A $0 23,361.5 D
Common Stock 02/22/2026 F 1,939(2) D $38.78 21,422.5 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 acquisition of shares upon the earning and vesting of performance-based share units awarded on 2/22/2023. Vesting determination was made by the Compensation Committee on 02/04/2026. Represents vesting at 63.58%.
2. Disposition to issuer for tax obligations upon the vesting of restricted stock units and performance-based share units. This amended Form 4 provides the final calculations of the number of shares withheld.
Kimberly A. Joyce, attorney-in-fact for Mr. Huwar 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Essential Utilities (WTRG) report for Michael Huwar?

Essential Utilities reported that President – Peoples, Michael Huwar, acquired 2,598.5 common shares via vesting of performance-based units and disposed of 1,939 shares to the issuer for tax withholding. The net result is an increase in his directly held share balance.

How did Michael Huwar acquire new Essential Utilities (WTRG) shares?

He acquired 2,598.5 Essential Utilities common shares at no cost through the earning and vesting of performance-based share units granted on February 22, 2023. The Compensation Committee determined vesting on February 4, 2026 at a 63.58% level, triggering share delivery.

Why were some Essential Utilities (WTRG) shares disposed of in this Form 4/A?

The filing shows 1,939 Essential Utilities common shares were disposed of to the issuer to satisfy tax obligations arising from vesting of restricted stock units and performance-based share units. This tax-withholding disposition is coded as an F transaction, not an open-market sale.

What was the tax withholding share price in the Essential Utilities (WTRG) filing?

The shares withheld for taxes were valued at $38.78 per Essential Utilities common share. At this price, 1,939 shares were delivered back to the issuer to cover tax liabilities tied to the vesting of restricted and performance-based stock units for Michael Huwar.

How many Essential Utilities (WTRG) shares does Michael Huwar hold after these transactions?

Following the equity award vesting and related tax withholding, Michael Huwar directly holds 21,422.5 shares of Essential Utilities common stock. This balance reflects the acquisition of 2,598.5 shares from performance-based units and the disposition of 1,939 shares for tax purposes.

Why is this an amended Form 4/A for Essential Utilities (WTRG)?

The document is amended because it provides final calculations of the number of Essential Utilities shares withheld to satisfy tax obligations. The footnote explains that this Form 4/A updates the initial report to reflect the exact tax-withholding share amount tied to recent vesting.
Essential Utilities Inc

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11.20B
282.15M
Utilities - Regulated Water
Water Supply
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United States
BRYN MAWR