H2O AMERICA·4

Mar 3, 6:37 PM ET

Walters Andrew F 4

4 · H2O AMERICA · Filed Mar 3, 2026

Insider Transaction Report

Form 4
Period: 2026-02-27
Walters Andrew F
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-27+5,95029,244 total
  • Award

    Common Stock

    [F2]
    2026-02-27+1,70430,948 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-02-27$53.79/sh605$32,54330,343 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    100
Footnotes (4)
  • [F1]Represents 5,950 shares of the issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs") granted to the reporting person under the issuer's Long-Term Incentive Plan. Each RSU entitles the reporting person to receive one share of Common Stock upon vesting of the RSU. The RSUs will vest in three annual successive installments upon the completion of the reporting person's each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.
  • [F2]Represents (i) 1,395 shares of Issuer's Common Stock subject to the 2023 RSUs that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over a period from January 1, 2023 to December 31, 2025 and continued service by the reporting person through December 31, 2025 and (ii) 309 shares of Common Stock subject to the 2023 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over a period from January 1, 2023 to December 31, 2025 and continued service by the reporting person through December 31, 2025.
  • [F3]Represents (i) 507 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2023 ROE RSUs reported on this Form 4 and (ii) 98 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2023 TSR RSUs reported on this Form 4.
  • [F4]Represents 16,220 shares of Common Stock and 14,123 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.
Signature
/s/ Marisa Joss Attorney-in-Fact for Andrew F. Walters|2026-03-03

Documents

1 file
  • 4
    wk-form4_1772581049.xmlPrimary

    FORM 4