Griffith John C. 4
Research Summary
AI-generated summary
American Water (AWK) CEO John C. Griffith Sells 3,226 Shares
What Happened
- John C. Griffith, President and CEO of American Water Works Company, Inc. (AWK), disposed of 3,226 shares on January 31, 2026 to satisfy a tax/payment obligation. The transaction price was $129.13 per share, for a total value of approximately $416,573. The disposition is reported under Form 4 code "F" (payment of exercise price or tax liability).
Key Details
- Transaction date: 2026-01-31; Filing date: 2026-02-02 (reported timely).
- Price: $129.13 per share; Total value: ~$416,573.
- Shares disposed: 3,226 (reported as a disposition to satisfy tax/payment).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Includes ~162 shares acquired via automatic dividend reinvestment since the last Form 4; those reinvested shares are exempt from Section 16 under Rule 16a-11.
- Accession no.: 0001410636-26-000011.
Context
- Code "F" transactions are typically shares surrendered or transferred to cover tax withholding after an award vesting or option exercise rather than open‑market sales. These are routine administrative actions and do not necessarily indicate a change in the insider’s view of the company.