Sabol Colin R 4
4 · Energy Recovery, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Energy Recovery (ERII) Director Colin Sabol Receives Award
What Happened
Colin R. Sabol, a director of Energy Recovery, Inc. (ERII), was granted 18,094 restricted stock units (RSUs) on 2026-06-04. The grant is reported at an acquisition value of $8.29 per share, totaling $149,999. This was an award/grant (transaction code A) — a compensation/retention award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-04; reported on Form 4 filed 2026-06-05 (timely filing).
- Grant details: 18,094 RSUs at $8.29 per share; aggregate value $149,999.
- Shares owned after transaction: Not specified in the provided filing.
- Vesting: Footnote F1 — the RSUs will fully vest at the 2027 Annual Meeting, anticipated on or around June 3, 2027.
- Remarks: Exhibit 24 noted on the filing.
- Transaction type: A = Award/Grant (not a market purchase or sale).
Context
RSUs are a form of equity compensation that convert to common shares when they vest; they are typically used for retention and alignment with shareholders. Because the award vests in 2027, these shares are not immediately tradable and should be viewed as compensation rather than a direct bullish market bet.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-04$8.29/sh+18,094$149,999→ 44,491 total
- 3,000(indirect: Colin Sabol & Julie Sabol JTWROS)
Common Stock
Footnotes (1)
- [F1]The restricted stock unit will fully vest on the 2027 Annual Meeting, anticipated to be on or around June 3, 2027.