American States Water (AWR) Director Diana Bonta Sells 546 Shares

What Happened
Diana M. Bonta, a director of American States Water Company (AWR), sold 546 shares in open-market transactions on September 4, 2026. The reported weighted average price was $88.80 per share, for aggregate proceeds of $48,486. This was a sale (not a purchase); sales by directors can be routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: September 4, 2026.
• Price: weighted average $88.80 per share; trades ranged from $88.80 to $88.83 (footnote F1).
• Shares sold: 546; proceeds reported $48,486.
• Shares owned after transaction: Not disclosed in the excerpt provided.
• Footnotes of note:
  • F1: Price is a weighted average; the filing-writer will provide breakdown of how many shares were sold at each price upon request.
  • F2: The filing also notes 21.5246 and 3.2567 dividend-equivalent right (DER) units credited on Aug 17 and Sep 2, 2026 under non-employee director plans (these are awards/credits, not the sale itself).
• Filing date: September 9, 2026. Form 4s are normally due within two business days of the transaction; this filing appears after that typical window (possible late filing), which can affect transparency and may warrant further review.

Context

• The transaction code is S (sale). Sales by non-employee directors are often routine (portfolio management, tax needs, etc.).
• DER units noted in the footnote are dividend-equivalent credits under the company's director stock plans; they are a form of compensation/award and distinct from the open-market sale reported here.
• For investors, purchases by insiders tend to be more informative about insider sentiment; sales should be noted but interpreted with caution and in combination with other signals.