Executive VP at Essential Utilities (WTRG) surrenders 1,624 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Utilities, Inc. Executive Vice President Daniel Schuller reported a Form 4 transaction involving company common stock. On February 5, 2026, 1,624 shares were surrendered at $37.69 per share to the issuer to cover tax obligations upon the vesting of restricted stock units. After this tax-withholding transaction, Schuller directly beneficially owned 81,503 shares of Essential Utilities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHULLER DANIEL
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,624 | $37.69 | $61K |
Holdings After Transaction:
Common Stock — 81,503 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Essential Utilities (WTRG) report for Daniel Schuller?
Essential Utilities reported that Executive Vice President Daniel Schuller disposed of 1,624 common shares. The shares were surrendered to the company to satisfy tax obligations triggered by the vesting of restricted stock units, rather than being sold on the open market.
On what date did Daniel Schuller’s Form 4 transaction at Essential Utilities (WTRG) occur?
The reported transaction occurred on February 5, 2026. On that date, 1,624 shares of Essential Utilities common stock were disposed of to the issuer to cover tax withholding related to the vesting of restricted stock units held by Executive Vice President Daniel Schuller.
Was Daniel Schuller’s Essential Utilities (WTRG) transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,624 shares were disposed of directly to Essential Utilities to satisfy tax obligations when restricted stock units vested, a common administrative withholding method rather than a discretionary sale on the stock market.
What role does Daniel Schuller hold at Essential Utilities (WTRG) in this Form 4 filing?
In this Form 4, Daniel Schuller is identified as an Executive Vice President of Essential Utilities. The filing describes his role as an officer of the company and reports a tax-withholding share disposition tied to the vesting of his restricted stock unit awards.