Essential Utilities Director Buys $135K in Stock, Shows Insider Confidence
Essential Utilities (WTRG) director Wilbert Bryan Lewis reported acquiring 3,608 shares of common stock on June 23, 2025, at a price of $37.42 per share.
Rhea-AI Filing Summary
Essential Utilities (WTRG) director Wilbert Bryan Lewis reported acquiring 3,608 shares of common stock on June 23, 2025, at a price of $37.42 per share. This transaction represents a total investment of approximately $135,000.
Following the transaction, Lewis now beneficially owns 10,333 shares directly. The acquisition was reported through Form 4 filed on June 28, 2025, within the required reporting timeline for insider transactions.
The filing indicates this was a direct purchase of shares, and the transaction was executed under normal trading conditions as no Rule 10b5-1 trading plan was indicated. The insider's increased position demonstrates potential confidence in the company's prospects.
Positive
- Director Wilbert Bryan Lewis made a significant open market purchase of 3,608 shares at $37.42 per share, representing a total investment of approximately $135,000, demonstrating insider confidence in the company
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,608 | $37.42 | $135K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was Director Lewis's WTRG stock purchase made under a 10b5-1 trading plan?
Who filed the Form 4 on behalf of WTRG Director Lewis?
AI-generated analysis. How Rhea-AI works. Not financial advice.