American Water Works Company, Inc.·4

Feb 18, 5:52 PM ET

Mitchell Stacy A. 4

Research Summary

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American Water (AWK) EVP Mitchell Stacy Receives RSUs/PSUs, Sells 524 Shares

What Happened
Mitchell Stacy A., EVP and General Counsel of American Water Works Company, received a total of 3,610 shares on Feb 17, 2026 via equity awards and vested performance units, and 524 shares were disposed to cover tax withholding. The filing shows: 2,550 shares granted as RSUs (no cash cost) and 1,060 shares from vested PSUs. Separately, 524 shares were surrendered/withheld at $133.51 per share for tax/payment, totaling about $69,959.

Key Details

  • Transaction date: February 17, 2026 (Form 4 filed Feb 18, 2026 — timely).
  • Awards/acquisitions: 2,550 RSUs granted (A) and 1,060 PSUs vested (A); both recorded at $0.00 acquisition price.
  • Tax withholding/payment: 524 shares disposed (F) at $133.51 each, netting ~$69,959 (used to pay taxes/withholding).
  • Vesting schedule: RSUs granted 2/17/2026 vest in ~three equal installments on Jan 31, 2027, 2028 and 2029, subject to continued employment; PSUs granted in Feb 2023 vested on 2/17/2026.
  • Settlement: Both RSUs and PSUs are settled only in shares (no cash settlement).
  • Shares owned after transaction: not specified in the summary information provided.
  • Filing appears timely (reported the next day); disposition code F indicates tax withholding rather than an open-market sale.

Context
This was primarily an award/vesting event (acquisition of RSUs/PSUs) rather than an investment purchase or discretionary sell. The 524-share disposition was a routine tax-withholding action common when awards vest—not an open-market sale intended to realize gains. RSUs will vest over future dates, so further withholding or sales may occur at those times.