Marberry Michael 4
Research Summary
AI-generated summary
American Water Works (AWK) Director Michael Marberry Receives Award
What Happened
- Michael Marberry, a director of American Water Works Company, Inc. (AWK), was granted/received 1,374 stock units on 2026-05-13 that vested and converted immediately into 1,374 shares of AWK common stock. The reported acquisition price is $0.00 (award/vesting), so no cash was paid by the insider.
Key Details
- Transaction date: 2026-05-13
- Transaction type/code: A (Award/Grant or other acquisition)
- Shares acquired: 1,374 shares at $0.00 per share (total reported cost $0)
- Shares owned after transaction: Not specified in the provided filing
- Footnote: The units settle solely in common stock on a one-share-per-unit basis, vested on the grant date, and were converted immediately into common shares.
- Filing timeliness: The report lists the same transaction and filing date (2026-05-13); no late-filing flag is indicated in the provided information.
Context
- This was a compensation-related award (vesting of stock units), not an open-market purchase or sale. Such awards are routine for directors and reflect compensation practices rather than a direct buy/sell signal about the insider’s market view. Tax withholding or share retention details, if any, were not reported in the provided excerpt.