Clemente Rodney 4
4 · Energy Recovery, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Energy Recovery (ERII) SVP Rodney Clemente Withholds 9,091 Shares
What Happened
Rodney Clemente, SVP, Water at Energy Recovery (ERII), had 9,091 shares withheld to satisfy tax obligations related to vested securities. The withholding consisted of 694 shares at $14.65 (worth $10,167) and 8,397 shares at $14.30 (worth $120,077), for a combined value of about $130,244. This is a tax-withholding/net-settlement event tied to vesting, not an open-market sale.
Key Details
- Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (filed within the required two business days).
- Withheld shares: 694 @ $14.65 = $10,167; 8,397 @ $14.30 = $120,077; total 9,091 shares ≈ $130,244.
- Transaction code/footnote: F / F1 — payment of tax obligation by withholding securities incident to vesting (Rule 16b-3(e)).
- Shares owned after transaction: Not specified in the provided filing details.
- This is not an open-market sale signaling a disposition for cash; it’s routine withholding to cover taxes on vested awards.
Context
Withholding shares to cover taxes is a common, administrative outcome when restricted stock or other equity awards vest. It reduces the insider’s outstanding share count but generally does not reflect a directional bet on the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-30$14.65/sh−694$10,167→ 100,071 total - Tax Payment
Common Stock
[F1]2026-01-30$14.30/sh−8,397$120,077→ 91,674 total
Footnotes (1)
- [F1]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).