Essential Utilities Director Buys $135K in Stock, Shows Confidence in Company
Essential Utilities (WTRG) director Daniel J. Hilferty III reported a significant insider transaction on Form 4.
Rhea-AI Filing Summary
Essential Utilities (WTRG) director Daniel J. Hilferty III reported a significant insider transaction on Form 4. On June 23, 2025, Hilferty acquired 3,608 shares of Common Stock at a price of $37.42 per share, representing a total investment of approximately $135,000.
Following this transaction, Hilferty's direct ownership position increased to 34,345 shares, with an additional 6,404 shares held directly in a separate account. The acquisition was executed as a regular purchase (Transaction Code: A) and was reported through his attorney-in-fact, Kimberly Joyce.
This insider purchase by a director could signal confidence in the company's future prospects. The transaction was filed within the required reporting timeframe under Section 16(a) of the Securities Exchange Act of 1934.
Positive
- Director Daniel J. Hilferty III purchased 3,608 shares at $37.42 per share, representing a significant open market purchase 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 |
| holding | Common Stock | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Daniel Hilferty's total WTRG stock ownership after the June 2025 transaction?
What position does Daniel Hilferty hold at Essential Utilities (WTRG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.