Essential Utilities exec equity award and tax withholding
Essential Utilities, Inc. reported that executive Colleen Arnold, President – Aqua, received 2,747 shares of common stock at no cost through the earning and vesting of performance-based share units granted on February 22, 2023.
Rhea-AI Filing Summary
Essential Utilities, Inc. reported that executive Colleen Arnold, President – Aqua, received 2,747 shares of common stock at no cost through the earning and vesting of performance-based share units granted on February 22, 2023. The Compensation Committee determined vesting at 63.58% on February 4, 2026.
To cover related tax obligations upon vesting of these performance-based and restricted stock units, 1,925 shares were automatically delivered back to the company. After these award-related transactions, Arnold directly holds 20,232 shares of Essential Utilities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,747 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,925 | $38.78 | $75K |
Footnotes (2)
- F1. 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%.
- F2. 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.
FAQ
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What insider equity transactions did Essential Utilities (WTRG) report for Colleen Arnold?
Was the Essential Utilities (WTRG) Form 4/A transaction an open-market buy or sell?
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