Mancini Michael S. 4
4 · Energy Recovery, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Energy Recovery (ERII) CFO Michael S. Mancini Receives RSU Award
What Happened
Michael S. Mancini, Chief Financial Officer of Energy Recovery, Inc. (ERII), received a grant of 45,626 restricted stock units (RSUs) on February 17, 2026. The grant is reported at $0.00 per unit (no cash paid at grant). Each RSU represents the right to receive one share of common stock at settlement.
Key Details
- Transaction date: 2026-02-17; Filing date (Form 4): 2026-02-19 (timely filing).
- Transaction type/code: Award/Grant (A). Reported price: $0.00; total reported cash value: $0.
- Grant size: 45,626 RSUs. Each RSU = one share at settlement (Footnote F2).
- Vesting: 25% of the RSUs vest on each of the first four anniversaries of the grant date (Footnote F1).
- Shares owned after transaction: not disclosed in the filing.
- Remarks/Exhibit: Exhibit 24 attached.
Context
RSU grants are a form of compensation, not an open-market purchase or sale. They generally vest over time and convert to actual shares only if vesting conditions are met; therefore this award does not represent immediate buying or selling pressure. The economic value to the insider will depend on Energy Recovery’s future stock price at settlement.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-17+45,626→ 75,051 total
Footnotes (2)
- [F1]These employee restricted stock units were granted on the transaction date. 25% of the restricted stock units will vest on the first four anniversaries of the grant date.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock.