HANLEY MARY ANN 4

What Happened Mary Ann Hanley, a director of H2O AMERICA (HTO), was granted 1,947 restricted stock units (RSUs) on 2026-05-13. The award was recorded at $0.00 per unit (no cash paid) and represents the right to receive one share of common stock per RSU when the units vest. This is a compensation award to a non-employee director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-15.
• Grant: 1,947 RSUs @ $0.00; total cash exchanged at grant = $0.
• Shares held after transaction: 9,636 shares of common stock and 1,947 RSUs outstanding (per footnote).
• Vesting: RSUs vest in full if the reporting person continues Board service through the day immediately before the Issuer’s 2027 annual stockholders meeting; accelerated vesting may apply in certain circumstances.
• Deferral: Ms. Hanley elected to defer receipt of the RSUs under the Formulaic Equity Award Program for Non-Employee Board Members.
• Timeliness: Filing appears within the typical 2-business-day Form 4 window (not reported as late).

Context RSUs are a common form of director compensation and convert into shares upon vesting; they do not represent immediate cash or stock ownership until issued. Such awards are routine for non-employee directors and should be viewed as compensation rather than a direct buy or sell signal about near-term insider sentiment.