Executive at Essential Utilities (NYSE: WTRG) receives stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Utilities, Inc. reported that executive Michael Huwar, President – Peoples, received an equity award and had shares withheld for taxes. On February 22, 2026, he acquired 2,598.5 shares of common stock at $0 per share from the earning and vesting of performance-based share units granted on February 22, 2023, which vested at 63.58%. On the same date, 2,068 shares were disposed of to the issuer at $38.78 per share to satisfy tax obligations tied to the vesting of restricted stock units and performance-based share units. After these transactions, he directly owned 21,293.5 shares of Essential Utilities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Huwar Michael
Role
President - Peoples
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,598.5 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,068 | $38.78 | $80K |
Holdings After Transaction:
Common Stock — 23,361.5 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.
FAQ
What insider transactions did Essential Utilities (WTRG) report for Michael Huwar?
Essential Utilities reported that Michael Huwar received 2,598.5 common shares from vesting performance-based units and had 2,068 shares withheld and returned to the issuer for taxes. These actions reflect equity compensation and related tax settlement, not open-market buying or selling.