Duffy Maureen 4

What Happened

• Maureen Duffy, EVP, Communications & External Affairs at American Water (AWK), received equity awards on Feb 17, 2026 and had 932 shares withheld to satisfy tax withholding. The filing shows acquisitions of 1,301 shares (RSUs) and 2,014 shares (PSUs/awards) at $0.00, and a disposition of 932 shares at $133.51 each for a total withholding of $124,431. The acquisitions are awards/vesting rather than open‑market purchases.

Key Details

• Transaction dates: February 17, 2026 (reported on Form 4 filed Feb 18, 2026) — timely filing.
• Transactions reported:
  • A: 1,301 shares (RSUs) acquired @ $0.00.
  • A: 2,014 shares (PSUs vested) acquired @ $0.00.
  • F: 932 shares disposed (share withholding for taxes) @ $133.51 = $124,431.
• Shares owned after the transactions: not disclosed in the provided summary of the filing.
• Footnotes:
  • F1: The 1,301 RSUs were granted 2/17/2026 and vest in ~three equal installments on Jan 31 of 2027, 2028 and 2029 (subject to continued employment/retirement provisions). RSUs settle only in shares.
  • F2: The 2,014 shares represent PSUs granted Feb 2023 that vested on Feb 17, 2026; PSUs settle only in shares.
• Transaction codes: A = award/grant; F = payment of tax liability via share withholding (not an open‑market sale).

Context

• The 932-share disposition was a tax withholding associated with equity settlement (common when awards vest) rather than a voluntary sale of stock on the open market. Awards were settled in shares (no cash settlement). Such withholding transactions are routine and do not necessarily signal insider sentiment about the company's stock.