Essential Utilities (WTRG) EVP surrenders 1,112 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Utilities, Inc. executive Christopher Paul Luning, EVP and General Counsel, reported a tax-related stock transaction. On 02/05/2026, 1,112 shares of common stock were disposed of at $37.69 per share, coded "F," which indicates shares were withheld or surrendered to the issuer to cover tax obligations.
According to the filing, this disposition was made to satisfy taxes upon the vesting of restricted stock units. After this transaction, Luning beneficially owned 78,723.87 shares of Essential Utilities common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Luning Christopher Paul
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,112 | $37.69 | $42K |
Holdings After Transaction:
Common Stock — 78,723.87 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Essential Utilities (WTRG) report for Christopher Paul Luning?
Essential Utilities reported that EVP and General Counsel Christopher Paul Luning disposed of 1,112 common shares. The transaction occurred on 02/05/2026 and was coded “F,” indicating shares were surrendered to the issuer to satisfy tax obligations tied to restricted stock units vesting.
What does transaction code "F" mean in the Essential Utilities (WTRG) Form 4 filing?
Transaction code “F” indicates a tax-related transfer, where shares are withheld or surrendered to the issuer to cover tax obligations. In this case, 1,112 Essential Utilities common shares were disposed of to satisfy taxes upon the vesting of restricted stock units.
Was the Essential Utilities (WTRG) Form 4 sale by Christopher Paul Luning a market sale?
The Form 4 indicates a tax-related disposition, not an open market sale. The 1,112 shares were transferred to the issuer, code “F,” specifically described as a disposition for tax obligations upon vesting of restricted stock units, rather than a discretionary sale on the market.
What role does Christopher Paul Luning hold at Essential Utilities (WTRG)?
Christopher Paul Luning serves as Executive Vice President and General Counsel at Essential Utilities. His position is disclosed in the Form 4, which reports his beneficial ownership and a tax-related stock disposition connected to vesting restricted stock units on 02/05/2026.