Sutton Lori 4

What Happened

• Lori Sutton, EVP and Chief Human Resources Officer of American Water Works (AWK), disposed of 199 shares on January 31, 2026. The shares were recorded at $129.13 each, totaling $25,697.
• The transaction is coded "F" (payment of exercise price or tax liability), meaning the shares were surrendered to cover taxes related to a prior equity award/option exercise — a routine, administrative action rather than an open‑market sale.

Key Details

• Transaction date and price: 2026-01-31 at $129.13 per share; total $25,697.
• Transaction type/code: F — shares withheld/surrendered for tax withholding (not an open-market sale).
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing date: Form 4 filed 2026-02-02. This appears to be within the typical 2-business-day reporting window (no late‑filing flag was provided).
• No 10b5-1 plan or other special instruction noted in the provided data.

Context

• For employees/executives who exercise stock options or receive awards, companies commonly withhold or accept shares to satisfy required taxes; this is often described as a "cashless" or net share settlement and is routine.
• Such withholding transactions typically reflect tax obligations from prior equity grants and are not necessarily a signal of the insider’s view on the company’s stock.