AMERICAN STATES WATER CO (AWR) 8-K Current Report: March 13, 2026
Filed: March 13, 2026
Utilities
Water SupplyAMERICAN STATES WATER CO (AWR) 8-K current report filed with SEC EDGAR on March 13, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
AMERICAN STATES WATER CO 8-K Mar 13, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • CEO Sprowls received largest equity grant: 7,362 time-vested RSUs + 22,088 performance RSUs (target), dwarfing other executives
- • Time-vested RSUs vest ratably over 3 years (33%/33%/34%) on grant anniversaries; performance RSUs vest against Dec 31, 2026/2027/2028 milestones
- • Performance metrics vary by role: TSR + GSW operating expense for water ops (Rowley); TSR + ASUS earnings + new base acquisition rate for utility services (Connor)
- • Dividend equivalent rights attached to all RSUs — accrue as additional units, aligning executives with shareholder returns throughout vesting period
- • Standard retention-focused LTI structure; accelerated vesting on death, disability, or retirement limits forfeiture risk for executives
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