Essential Utilities (WTRG) officer Huwar withholds 652 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Utilities, Inc. insider Form 4 shows a tax-related share disposition. Michael Huwar, President - Peoples, disposed of 652 shares of Essential Utilities common stock on 02/05/2026 at $37.69 per share under transaction code "F," which reflects shares withheld to cover taxes on vesting restricted stock units. After this withholding, he beneficially owns 20,763 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huwar Michael
Role
President - Peoples
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 652 | $37.69 | $25K |
Holdings After Transaction:
Common Stock — 20,763 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WTRG executive Michael Huwar report?
Michael Huwar reported a tax-related share disposition. On 02/05/2026 he disposed of 652 Essential Utilities common shares at $37.69 each, with the shares withheld by the issuer to satisfy tax obligations from vesting restricted stock units.
What does transaction code F mean in the WTRG Form 4 filing?
Transaction code F indicates a tax withholding related to equity awards. In this case, 652 shares of Essential Utilities common stock were disposed of back to the issuer to satisfy tax obligations from vesting restricted stock units.
Is the WTRG Form 4 transaction by Michael Huwar a routine tax withholding?
Yes, the filing describes a routine tax withholding event. The footnote explains the 652-share disposition was to the issuer to cover tax obligations triggered when Michael Huwar’s restricted stock units vested.
What is Michael Huwar’s role at Essential Utilities (WTRG)?
Michael Huwar serves as President - Peoples at Essential Utilities. The Form 4 lists him as an officer of the company, not a director or 10% owner, and reports his direct beneficial holdings after the tax-related share disposition.