Heather Hunt 4

What Happened
Heather Hunt, a director of H2O America (HTO), was granted 1,947 restricted stock units (RSUs) on 2026-05-13. The grant was reported as an award/acquisition at $0.00 per unit (code A), meaning no cash was paid; each RSU will convert into one share of common stock when it vests.

Key Details

• Transaction date: 2026-05-13; Form 4 filed 2026-05-15 (timely reporting).
• Grant: 1,947 RSUs acquired at $0.00 (award under the Issuer’s Long‑Term Incentive Plan).
• Shares owned after transaction: 9,291 shares of Common Stock plus 1,947 RSUs outstanding (per footnote).
• Vesting: RSUs vest in full if director continues Board service through the day before the 2027 annual meeting; may accelerate in certain prescribed circumstances (see footnote).
• Transaction code: A (award/grant). No sale or purchase of underlying shares occurred at grant.

Context
RSUs are a form of equity compensation that convert to actual shares upon vesting; they do not represent immediate cash or open‑market buying/selling. Because these RSUs vest based on continued board service, the grant is primarily a compensation/service incentive rather than a direct market signal. The economic value to the insider will depend on HTO’s stock price at vesting.