H2O AMERICA (HTO) — Adviser Files Amended Form 4, Disclaims Ownership

What Happened

• An amended Form 4 filed 2026-08-19 (reporting period 2026-04-10) clarifies that Atlas Infrastructure Partners (UK) Ltd (the Adviser) and related reporting persons do not have, and never had, beneficial ownership of H2O AMERICA (HTO) common stock. The amendment cites the exemption in Rule 16a-1(a)(1)(v) under the Exchange Act: the Adviser is a registered investment adviser and holds shares for the benefit of third-party investors, and GIP ATLAS Holdings Ltd., while the sole owner of the Adviser, does not exercise investment discretion over the Adviser’s holdings. The filing states any shares held by the Adviser were not acquired to influence control of the issuer and therefore the Reporting Persons were not required to file under Section 16(a).

Key Details

• Amendment filed: 2026-08-19; Period of report: 2026-04-10.
• Substance: Reporting Persons disclaim beneficial ownership of the issuer’s common stock under Rule 16a-1(a)(1).
• Reason: Adviser holds shares for third-party clients; GIP ATLAS Holdings Ltd. does not exercise investment discretion.
• Consequence: Reporting Persons state they were not obligated to file Form 4 under Section 16(a) and the transactions reported are not matchable under Section 16(b).
• Filing type: AMENDED Form 4 correcting beneficial ownership status.

Context

• This is an administrative correction clarifying that the activity is attributable to an investment adviser acting for clients, not to beneficial owners or insiders exercising control. For retail investors, this amendment is housekeeping and should not be interpreted as a personal insider buy/sell signal by the adviser owners.