Energy Recovery (ERII) SVP Rodney Clemente Sells 5,387 Shares

What Happened
Rodney Clemente (SVP, Water) disposed of a total of 7,707 shares in two related transactions. On 2026-07-27, 2,320 shares were withheld to satisfy tax obligations tied to the vesting of awards (withheld at $8.42 each, value $19,534). On 2026-07-28, Clemente sold 5,387 shares in an open-market transaction at $8.56 each for proceeds of $46,113. Combined proceeds/consideration across both actions total approximately $65,647. These were disposals (withholding + sale), not purchases.

Key Details

• Dates & prices:
  • 2026-07-27: 2,320 shares withheld for taxes at $8.42/share — $19,534 (code F)
  • 2026-07-28: 5,387 shares sold in open market at $8.56/share — $46,113 (code S)
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes:
  • F1: Withholding of securities to pay tax obligations upon vesting (Rule 16b-3(e)).
  • F2: The open-market sale was executed under a pre-established Rule 10b5-1 trading plan.
• Filing timeliness: Form 4 filed 2026-07-29 covering transactions through 2026-07-28; no late-filing flag indicated on the provided data.

Context
The 2,320-share action was a tax-withholding tied to the vesting of awards (a common, administrative step), and the 5,387-share sale was carried out under a 10b5-1 plan (a prearranged selling schedule). Both are disposals and should be viewed as insider selling activity; they do not, by themselves, reveal the insider’s broader view of the company.