Sabol Colin R 4

What Happened

• Colin R. Sabol, a director of Energy Recovery, Inc. (ERII), reported an open-market purchase of 11,180 shares on 2026-06-15. The reported weighted-average price was $8.88 per share, for a total reported transaction value of $99,267. This was a purchase (insider buy), not a sale.

Key Details

• Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-17).
• Price: weighted average $8.88 per share; reported trades ranged from $8.535 to $8.93 (see footnote).
• Shares acquired: 11,180 shares; Total reported value: $99,267.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The $8.88 is a weighted average of multiple trades; the reporting person will provide the SEC, the company, or a shareholder with a breakdown of numbers purchased at each price upon request.
• Filing timeliness: Form 4 was filed two days after the transaction date (appears timely). Remarks include Exhibit 24.

Context

• This was an open-market purchase (code P). Insider purchases can be informative because they represent insiders putting personal capital into the company, but filings do not state motivation. The size here (~$99K) is modest; treat it as one data point among other insider activity and company fundamentals.