Clemente Rodney 4

What Happened
Rodney Clemente, Senior Vice President — Water at Energy Recovery, Inc. (ERII), was granted 45,626 restricted stock units (RSUs) on February 17, 2026. The filing reports an acquisition price of $0.00 (typical for compensation grants). Each RSU represents the right to receive one share at settlement; no cash was exchanged at grant.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Shares awarded: 45,626 RSUs (each RSU = 1 share at settlement).
• Vesting: 25% of the RSUs vest on each of the first four anniversaries of the grant date (footnote F1). (Footnote F2 confirms 1 RSU = 1 share at settlement.)
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filed two days after the grant date — within the normal Form 4 reporting window (not marked late).

Context
RSU grants are a form of compensation, not an open‑market purchase or sale. They don’t represent an immediate cash investment by the insider and only convert to actual shares as they vest; therefore they are not a direct bullish or bearish trading signal on their own. Retail investors should note future dilution as RSUs vest and are settled into shares, and follow subsequent Form 4 filings if/when shares are delivered or sold.