Walters Andrew F 4

What Happened
Andrew F. Walters, CEO of H2O AMERICA (HTO), reported a disposition by gift of 3,508 shares of common stock on June 5, 2026. The shares were transferred as a gift (transaction code G) at a reported price of $0.00, resulting in no cash proceeds.

Key Details

• Transaction date: 2026-06-05; filing date: 2026-06-05 (filed same day).
• Transaction type/code: Gift (G); price per share reported as $0.00; total cash = $0.
• Shares owned following the transaction (per footnote): 14,416 shares of common stock plus 12,419 shares underlying RSUs that will vest per their terms (total equivalent: 26,835).
• Footnote: F1 clarifies the post-transaction position includes 12,419 RSU-based shares that will vest and become issuable according to their vesting schedule.
• No indication this was a sale for cash or a 10b5-1 plan; recipient of the gift is not specified in the filing.

Context
Gifts are disposals for reporting purposes but do not necessarily reflect the insider’s view of the company’s prospects. The filing shows a reduction in currently held shares but also discloses a meaningful number of unvested RSUs that remain subject to vesting rules.