Essential Utilities (NYSE: WTRG) president receives new stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Utilities, Inc. reported new equity awards to President Michael Huwar. On January 23, 2026, he received 3,650 shares of Common Stock as a restricted stock unit award at a cash price of $0, bringing his directly held Common Stock to 21,415 shares.
He was also granted 8,769 stock options with an exercise price of $39.19 per share, exercisable starting January 23, 2027 and expiring January 23, 2036. Both the restricted stock units and options vest in three equal annual installments on each anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Huwar Michael
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 8,769 | $39.19 | $344K |
| Grant/Award | Common Stock | 3,650 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 8,769 shares (Direct);
Common Stock — 21,415 shares (Direct)
Footnotes (1)
- 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. Includes RSU shares not included in item 7 in the 2025 Form 4. Grant of 8,769 shares of stock options which vest one-third each year on the anniversary of the grant
FAQ
What equity awards did Essential Utilities (WTRG) grant to President Michael Huwar?
Essential Utilities granted President Michael Huwar 3,650 restricted stock units of Common Stock and 8,769 stock options. These awards increase his equity-based incentive compensation and align part of his pay with future company performance.
What is the exercise price and term of Michael Huwar’s new stock options at Essential Utilities (WTRG)?
Michael Huwar’s new stock options have an exercise price of $39.19 per share and expire on January 23, 2036. They become exercisable starting January 23, 2027, providing a long‑term incentive horizon for the company’s president.
How do Michael Huwar’s restricted stock units at Essential Utilities (WTRG) vest?
The 3,650 restricted stock units granted to Michael Huwar vest one‑third each year on the anniversary of the grant date. Each vested unit converts into one share of Common Stock, creating a staggered, multi‑year vesting schedule.
What is Michael Huwar’s Common Stock holding in Essential Utilities (WTRG) after the reported Form 4 transactions?
After the reported award, Michael Huwar directly holds 21,415 shares of Essential Utilities Common Stock. This figure reflects his updated beneficial ownership following the grant of 3,650 restricted stock units reported as acquired at a cash price of $0.
When do Michael Huwar’s new Essential Utilities (WTRG) stock options start vesting and how?
The 8,769 stock options granted to Michael Huwar vest one‑third each year on the anniversary of the January 23, 2026 grant date. This creates a three‑year vesting period tied to his continued service and company performance.
Are Michael Huwar’s reported Essential Utilities (WTRG) Form 4 holdings direct or indirect?
The Form 4 shows both the 21,415 Common Stock shares and 8,769 stock options as held with direct ownership. No footnotes indicate separate entities or disclaimers of beneficial ownership for these specific positions.