SCHULLER DANIEL 4/A
4/A · Essential Utilities, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Essential Utilities (WTRG) EVP Daniel Schuller Receives Award
What Happened
- Daniel Schuller, Executive Vice President of Essential Utilities (WTRG), received 6,682 shares on 2026-02-22 upon the vesting of performance-based share units (awarded 2/22/2023). The shares were issued at $0 as a result of vesting.
- To cover tax obligations, 4,683 of those vested shares were surrendered to the issuer at $38.78 per share (total value ~$181,607). After withholding, Schuller received a net 1,999 shares (6,682 vested − 4,683 withheld). This transaction represents vesting/award activity rather than an open-market buy or sell.
Key Details
- Transaction date: 2026-02-22; Amended Form 4 filed 2026-03-03 to finalize withholding numbers.
- Acquisition: 6,682 shares @ $0.00 (code A — vesting of performance-based share units).
- Disposition (tax withholding): 4,683 shares @ $38.78 (code F) — value ~$181,607.
- Net shares delivered to insider after withholding: 1,999 (calculated from reported amounts).
- Footnotes: F1 — vesting relates to performance-based share units awarded 2/22/2023; Compensation Committee certified vesting at 63.58% on 02/04/2026. F2 — shares were surrendered to issuer to satisfy tax withholding; this filing is an amendment providing final withholding calculations.
- Beneficial ownership after the transaction is not specified in the provided filing extract.
Context
- This was a vesting event of performance-based equity, not an open-market sale or purchase. Withholding shares to cover taxes is a routine administrative step and does not necessarily signal insider sentiment about the stock.
- The filing is amended to provide final calculations of shares withheld; amendments commonly correct or finalize earlier reporting.
Insider Transaction Report
Form 4/AAmended
SCHULLER DANIEL
Executive Vice President
Transactions
- Award
Common Stock
[F1]2026-02-22+6,682→ 88,185 total - Tax Payment
Common Stock
[F2]2026-02-22$38.78/sh−4,683$181,607→ 83,502 total
Footnotes (2)
- [F1]Represents acquisition of shares upon the earning and vesting of performance-based share units awarded on 2/22/2023. Vesting determination was made by the Compensation Committee on 02/04/2026. Represents vesting at 63.58%.
- [F2]Disposition to issuer for tax obligations upon the vesting of restricted stock units and performance-based share units. This amended Form 4 provides the final calculations of the number of shares withheld.
Signature
/s/ Brian Dingerdissen, attorney-in-fact for Mr. Schuller|2026-03-03