Energy Recovery, Inc.·4

Jun 5, 4:50 PM ET

Chow Joan Kai 4

4 · Energy Recovery, Inc. · Filed Jun 5, 2026

Research Summary

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Energy Recovery (ERII) Director Joan Kai Chow Receives 18,094-Share Award

What Happened
Joan Kai Chow, a director of Energy Recovery, Inc. (ERII), was granted 18,094 restricted stock units (RSUs) on June 4, 2026. The award is reported at an acquisition price of $8.29 per share, totaling $149,999. This was an equity award (grant), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-04; reported on Form 4 filed 2026-06-05 (timely filing).
  • Transaction type/code: Grant/Award (A). Price reported: $8.29 per share; total value $149,999.
  • Shares issued: 18,094 RSUs.
  • Shares owned after transaction: Not disclosed on the provided Form 4.
  • Footnote: The RSUs will fully vest at the 2027 Annual Meeting, anticipated on or around June 3, 2027.
  • Remarks/Exhibit: Exhibit 24 attached.

Context
RSU grants to directors are a common form of compensation and represent a future right to shares once vesting conditions are met; these RSUs are not immediately tradable. This filing documents the grant itself and does not indicate any immediate sale or insider market timing.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-04$8.29/sh+18,094$149,99952,116 total
Holdings
  • Common Stock

    (indirect: Joan Chow and Kenneth Munz JTWROS)
    1,500
Footnotes (1)
  • [F1]The restricted stock unit will fully vest on the 2027 Annual Meeting, anticipated to be on or around June 3, 2027.
Signature
/s/ William Yeung, Attorney-in-fact for Joan K. Chow|2026-06-05

Documents

2 files