Arnold Colleen 4
Research Summary
AI-generated summary
Essential Utilities (WTRG) President Colleen Arnold Receives Award
What Happened
- Colleen Arnold, President of Essential Utilities (WTRG), was granted compensation on 2026-01-23 consisting of 3,833 restricted stock units (RSUs) and a derivative award of 9,207 stock options.
- The RSUs were reported at $0 (typical for RSU grants). The options carry an exercise price of $39.19 per share (9,207 x $39.19 = $360,822 when expressed as the aggregate exercise price basis).
- These are awards (not open-market purchases or sales), so they reflect compensation/grant activity rather than an immediate buy or sell.
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the SEC’s two-business-day window for Form 4s, so timely).
- RSUs: 3,833 shares awarded; footnote indicates each RSU converts to one share and vests one‑third each year on the anniversary.
- Options: 9,207 derivative securities granted with an exercise price of $39.19; footnote indicates options vest one‑third each year on the anniversary.
- Aggregate exercise price shown: $360,822 (9,207 x $39.19). This is the exercise-price basis, not a market sale value.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Additional notes from footnotes: some RSU shares referenced relate to prior disclosures (F2) and the filing references shares acquired through the company 401(k) since the last filing (F3).
Context
- RSU grants and option awards are common forms of executive compensation and do not represent immediate purchases or sales of stock; they typically vest over time (here, one-third per year).
- The options’ exercise price ($39.19) is the price Arnold would pay to buy the shares if/when she exercises the options; exercise would require payment of that price unless a cashless exercise or other plan mechanics are used.
- These awards neither confirm nor predict future stock performance; they reflect compensation decisions by the company.