Essential Utilities CEO granted 10,068 RSUs
Essential Utilities, Inc. Chief Executive Officer Chris Franklin reported an equity compensation grant on Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Essential Utilities, Inc. Chief Executive Officer Chris Franklin reported an equity compensation grant on Common Stock. He acquired 10,068 restricted stock units, each representing the right to receive one share at a reference price of $39.73 per share. These restricted stock units vest in three equal annual installments on each anniversary of the grant date. Following this award, Franklin directly holds 338,088 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,068 | $39.73 | $400K |
Footnotes (1)
- F1. Represents the award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest one-third each year on the anniversary.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Essential Utilities (WTRG) report for Chris Franklin?
Was the Essential Utilities (WTRG) Form 4 a stock purchase or an equity grant?
What are the vesting terms of Chris Franklin’s restricted stock units at Essential Utilities (WTRG)?
What price is associated with Chris Franklin’s restricted stock unit grant at Essential Utilities (WTRG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.