Arnold Colleen 4
Research Summary
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Essential Utilities (WTRG) President Colleen Transfers 643 Shares for Taxes
What Happened Arnold Colleen, President – Aqua at Essential Utilities (WTRG), disposed of 643 shares to the issuer to cover tax withholding obligations related to the vesting of restricted stock units. The shares were recorded at $37.69 each, for a total value of $24,235. This was a disposition to the company for tax purposes rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-05
- Price per share: $37.69; total value: $24,235
- Transaction type/code: Disposition to issuer for tax withholding (footnote F / tax withholding)
- Footnote: F1 — Disposition to issuer for tax obligations upon the vesting of restricted stock units
- Shares owned after transaction: not specified in the provided filing
- Filing date: 2026-02-09 (filed four days after the reported transaction — insiders typically must file Form 4 within two business days; the filing interval suggests you may want to check the official Form 4 for timeliness details)
Context This was a routine tax-withholding transfer tied to RSU vesting, not an investment purchase or a directional sale in the open market. Such withholding dispositions are common and generally do not convey a view on the company’s prospects.