American Water Works Company, Inc.·4

Feb 18, 5:52 PM ET

Griffith John C. 4

Research Summary

AI-generated summary

Updated

American Water (AWK) CEO John C. Griffith Receives Awards, Sells 4,101 Shares

What Happened

  • John C. Griffith, President and Chief Executive Officer of American Water Works Company, Inc. (AWK), received equity awards on Feb 17, 2026 totaling 21,051 shares (12,729 and 8,322 shares reported as acquisitions at $0.00). On the same date 4,101 shares were disposed at $133.51 per share (total value reported $547,525) to satisfy a tax liability/withholding obligation.

Key Details

  • Transaction dates: February 17, 2026 (filed Feb 18, 2026).
  • Awards: 12,729 shares reported as an RSU grant and 8,322 shares reported as PSUs that vested (total new shares = 21,051).
  • Withholding/disposal: 4,101 shares disposed at $133.51 to cover taxes (reported value $547,525). Transaction code F = tax withholding/payment of tax liability.
  • Vesting/schedule notes: RSUs (the 12,729) vest in three roughly equal installments on Jan 31, 2027, 2028 and 2029, subject to continued employment/retirement provisions. PSUs (the 8,322) vested on Feb 17, 2026. Both RSUs and PSUs are settled only in shares (no cash settlement).
  • Shares owned after the transactions: not provided in the supplied summary.
  • Filing timeliness: filed the day after the transaction (appears timely).

Context

  • This was primarily an award/vesting event, not an open-market sale. The 4,101-share disposal was for tax withholding (a routine administrative step when equity vests) rather than a directional sale of company stock. For retail investors, awards and routine tax withholding are normal compensation mechanics and do not necessarily indicate the insider is reducing their economic exposure.