Palmer Bradley John 4
Research Summary
AI-generated summary
Essential Utilities (WTRG) — Palmer Bradley John Sells 89 Shares
What Happened
- Palmer Bradley John, Chief Accounting Officer of Essential Utilities (WTRG), had 89 shares disposed (withheld) to satisfy tax obligations on vested restricted stock units. The withholding price was $37.69 per share for a total value of $3,354. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-02-05
- Price per share: $37.69; Shares disposed: 89; Total value: $3,354
- Transaction code: F (disposition to issuer to cover tax liability)
- Footnote: F1 — Disposition to issuer for tax obligations upon the vesting of restricted stock units
- Filing date: 2026-02-09 (filed the next allowable Form 4 date; appears timely)
- Shares owned after transaction: Not specified in the provided filing
Context
- This was a routine tax-withholding transaction tied to RSU vesting (often called a "sell to cover"). It reflects administrative tax withholding rather than a deliberate market sale and generally shouldn't be read as a signal about the insider's view of the stock.