Essential Utilities EVP granted 4,531 stock units
Essential Utilities, Inc. executive Christopher Paul Luning, EVP and General Counsel, reported an equity award of Common Stock.
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Rhea-AI Filing Summary
Essential Utilities, Inc. executive Christopher Paul Luning, EVP and General Counsel, reported an equity award of Common Stock. He received 4,531 restricted stock units, each representing a contingent right to one share of Common Stock at a reference price of $39.73 per share. The filing notes these restricted stock units vest in three equal installments on each anniversary of the grant. Following this award and additional shares acquired under the company’s Employee Stock Purchase Plan, his directly held Common Stock position is reported at 83,268.5 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,531 | $39.73 | $180K |
Footnotes (2)
- 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.
- F2. Includes additional shares acquired under the Issuer's Employee Stock Purchase Plan since the date of the reporting person's last ownership report.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Essential Utilities (WTRG) report for Christopher Paul Luning?
Was the Essential Utilities (WTRG) Form 4 a stock purchase or a grant for Christopher Paul Luning?
What are the vesting terms of Christopher Paul Luning’s restricted stock unit award at Essential Utilities (WTRG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.