{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-250643","form_type":"8-K","ticker":"AWK","cik":"0001410636","company_name":"American Water Works Company, Inc.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.337288+00:00","generated_at":"2026-05-17T02:09:20.975325+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"American Water to acquire Essential Utilities in stock-for-stock merger at 0.305x exchange ratio","bullets":["Essential shareholders to receive 0.305 shares of AWK common stock per share held; deal unanimously approved by both boards.","John Griffith to remain AWK CEO/President; Essential CEO Christopher Franklin to serve as Executive Vice Chair for two years post-close.","Termination fee structure: $370M owed by Essential to AWK, $835M owed by AWK to Essential under specified circumstances.","Post-merger board to have 15 directors: 10 from AWK, 5 from Essential; AWK to retain name and Camden, NJ HQ.","Closing conditions include shareholder votes, regulatory approvals (HSR, public utility commissions); deadline Oct 26, 2027 if extended."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-250643","json":"https://secwatch.observer/filing/0001193125-25-250643.json","markdown":"https://secwatch.observer/filing/0001193125-25-250643.md","text":"https://secwatch.observer/filing/0001193125-25-250643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410636/000119312525250643/0001193125-25-250643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410636/000119312525250643/d866666d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:09:20.975325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}