Essential Utilities (NYSE: WTRG) exec equity vests, shares withheld
Filing Impact
Filing Sentiment
Form Type
4/A
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
2 transactions reported
Mixed
2 txns
Insider
Arnold Colleen
Role
President - Aqua
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,747 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,925 | $38.78 | $75K |
Holdings After Transaction:
Common Stock — 22,157 shares (Direct)
Footnotes (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%. 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
What insider equity transactions did Essential Utilities (WTRG) report for Colleen Arnold?
Essential Utilities reported that executive Colleen Arnold received 2,747 common shares through vesting of performance-based share units. In the same event, 1,925 shares were withheld and delivered to the company to satisfy tax obligations tied to vesting of these stock-based awards.
Was the Essential Utilities (WTRG) Form 4/A transaction an open-market buy or sell?
The Form 4/A reflects equity award vesting and tax withholding, not an open-market trade. Shares were acquired at no cost from performance-based units, and some shares were automatically returned to Essential Utilities to cover tax liabilities from the vesting event.