Palmer Bradley John 4
Research Summary
AI-generated summary
Essential Utilities (WTRG) CAO John Palmer Bradley Receives RSUs & Options
What Happened
- John Palmer Bradley, Chief Accounting Officer of Essential Utilities (WTRG), received equity awards on January 23, 2026: 933 restricted stock units (RSUs) recorded at $0.00 and a grant of 2,242 stock options with an exercise price of $39.19 (derivative value reported as $87,864). These are awards for compensation, not open-market purchases or sales.
Key Details
- Transaction date: 2026-01-23; filing date (Form 4): 2026-01-27 (filed within the required two business days).
- RSUs: 933 units @ $0.00 (each RSU represents a contingent right to one share).
- Options: 2,242 option shares @ $39.19 (derivative value $87,864).
- Vesting: Both the RSUs and the options vest one-third each year on the anniversary of the grant (per footnotes).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 = RSUs convert to one share each and vest 1/3 annually; F2 = includes RSU shares not previously reported in a 2025 Form 4; F3 = options grant vests 1/3 annually.
- Filing timeliness: Timely (filed Jan 27, 2026 for a Jan 23 transaction).
Context
- This filing documents compensation-related awards (grant/award), which are routine for executives and do not represent a market buy or sell. For retail investors, grants indicate ongoing compensation alignment with company performance but do not by themselves signal an immediate trading intent.