Sutton Lori 4
Research Summary
AI-generated summary
American Water (AWK) EVP Lori Sutton Receives 1,364 RSU Award
What Happened
- Lori Sutton, Executive Vice President and Chief Human Resources Officer of American Water Works Company, Inc. (AWK), was granted 1,364 restricted stock units (RSUs) on February 17, 2026. The Form 4 reports the acquisition at $0.00 (award), so no cash was exchanged on grant; the reported acquisition value is $0.
- These RSUs are compensation awards rather than open‑market purchases or sales.
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-18 (filed the next business day).
- Award size and price: 1,364 RSUs; reported price $0.00 (award amount — economic value depends on AWK share price at settlement/vesting).
- Vesting: RSUs vest in three approximately equal increments on January 31, 2027, 2028 and 2029, subject to continued employment and applicable retirement provisions.
- Settlement: RSUs will be settled solely by delivery of one share of common stock per RSU (may not be settled in cash).
- Shares owned after transaction: Not reported in the excerpt provided.
Context
- RSU grants are a common form of executive compensation and typically reflect retention and alignment with shareholder value over time; they are not the same as a stock purchase or sale and do not necessarily signal immediate trading intent.
- Because these RSUs convert to ordinary shares only at vesting, any future sale or purchase by the insider would be reported separately.