SCHULLER DANIEL 4

What Happened
Daniel Schuller, Executive Vice President of Essential Utilities (WTRG), received equity-based compensation on 2026-01-23. The filing shows (1) 9,183 shares acquired at $0.00 and (2) a derivative award of 22,060 shares priced at $39.19, shown with an aggregate value of $864,531. These entries reflect restricted stock units and a stock‑option grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-23; Form 4 filed 2026-01-27 (timely filing).
• Awards recorded:
  • 9,183 shares @ $0.00 (acquired) — noted in footnotes as including shares acquired under the company's 401(k) plan and/or RSU amounts not previously reported.
  • 22,060 derivative units @ $39.19 = $864,531 (grant of stock options per footnote).
• Vesting: RSUs vest one‑third each year on the anniversary; the 22,060‑share option grant vests one‑third each year (per footnotes).
• Shares owned after the transaction: Not specified in this filing.
• Footnotes of note:
  • F1: RSUs represent contingent rights to receive one share each; vest over three years.
  • F2: Includes RSU shares not included in the 2025 Form 4.
  • F3: 401(k) plan share acquisitions since the last filing.
  • F4: 22,060 share option grant; vesting one‑third annually.
• Filing timeliness: Reported within the required Form 4 window (not marked late).

Context
This filing documents compensation grants (RSUs and options) and routine 401(k) share acquisitions — standard executive equity compensation. Derivative entries indicate option grants (not exercised sales); RSUs and options vest over time, so they do not represent immediate open‑market buying or selling. Such grants are common as part of executive pay and do not by themselves signal insider buying or selling intent.