Clemente Rodney 4
Research Summary
AI-generated summary
Energy Recovery (ERII) SVP Rodney Clemente Sells 20,568 Shares
What Happened Rodney Clemente, Senior Vice President, Water at Energy Recovery, sold 20,568 shares in an open‑market transaction on March 4, 2026. The weighted average sale price was $10.61 per share, producing proceeds of approximately $218,309. The sales were effected pursuant to a Rule 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-03-04 (Filed on 2026-03-06).
- Shares sold: 20,568; weighted average price: $10.61; total proceeds: ~$218,309.
- Price range reported: $10.23 to $10.80 per share (weighted average reported).
- Footnotes: F1 — transactions executed under a Rule 10b5‑1 trading plan; F2 — weighted average reflects multiple trades, and the filer will provide breakdowns on request.
- Shares owned after the transaction: Not disclosed in the provided Form 4 excerpt.
- Filing timeliness: Filed within normal Form 4 timeframe (not reported as late).
Context This was a sale (not a purchase or option exercise). Because the trades were made under a pre‑arranged 10b5‑1 plan, they were likely scheduled in advance and should be viewed as routine insider liquidity rather than a direct, immediate signal of management’s view on the stock.