Connor Christopher H 4

What Happened
Connor Christopher H, an SVP at American States Water (AWR), received equity awards in early March and then had shares withheld to satisfy tax liabilities. Notable items in the filing:

• 03/05/2026: 11.9265 derivative units credited (reported as 11.927 shares) at $75.46 (value reported $900).
• 03/12/2026: 1,124 shares credited at $0 (likely rounding/adjustment) and 1,664.704 shares acquired at $74.44 (value $123,921).
• 03/13/2026: 424.1398, 108.5382 and 103.1643 shares were withheld (disposed) to satisfy tax liabilities, corresponding to cash values of $31,573; $8,080; and $7,680 respectively. There is also a small 3.25-share disposition to the issuer (likely a partial-share adjustment).

Key Details

• Transaction dates & prices: 03/05 (11.927 @ $75.46, $900); 03/12 (1,124 @ $0; 1,664.704 @ $74.44, $123,921); 03/13 tax withholdings (424.1398 @ $74.44 = $31,573; 108.5382 @ $74.44 = $8,080; 103.1643 @ $74.44 = $7,680).
• Shares owned after the transactions: Not specified in the provided filing.
• Footnotes of note: F1 = adjustment for partial shares; F2 = 11.9265 Der units credited on 03/05/2026 at FMV; F3–F5 = specific share-withholdings to satisfy tax liability.
• Filing: Report filed 2026-03-16 covering transactions through 2026-03-13; no late‑filing flag was provided in the supplied data.

Context
This appears to be equity award vesting/crediting (awards received) followed by net share settlement/withholding to cover taxes rather than an open‑market sale. Transaction codes: A = award/grant (acquisition), F = shares withheld/used to pay tax liability, D = disposition to issuer (partial-share adjustment). Purchases here are company awards (informative of compensation events); withheld shares to pay taxes are routine and do not necessarily indicate a personal decision to sell.