Yeung William 4
Research Summary
AI-generated summary
Energy Recovery (ERII) Chief Legal Officer William Yeung Sells Shares
What Happened
- William Yeung, Chief Legal Officer of Energy Recovery, sold a total of 1,536 shares in two open-market transactions on Feb 5–6, 2026. He sold 890 shares at $14.59 each ($12,985) and 646 shares at $15.14 each ($9,780), for a combined proceeds of $22,765. These were sell transactions (not purchases).
Key Details
- Transaction dates and prices:
- 2026-02-05: 890 shares sold at $14.59 ($12,985)
- 2026-02-06: 646 shares sold at $15.14 ($9,780)
- Total shares sold: 1,536; total proceeds: $22,765.
- Shares owned after the transaction: not disclosed in the Form 4 filing.
- Footnote: Transactions were effected pursuant to a Rule 10b5-1 trading plan (prearranged plan).
- Filing/Timeliness: Form 4 was filed on 2026-02-09; no late filing flag indicated in the report.
Context
- These were routine insider sales executed under a 10b5-1 plan, which often indicate pre-scheduled selling rather than discretionary trades based on inside information. Sales do not necessarily reflect the insider’s view of the company’s prospects; no purchases or option exercises were reported in this filing.