---
schema_version: "secwatch.filing_event.v1"
accession: "0001421517-24-000140"
form_type: "8-K"
ticker: "ERII"
cik: "0001421517"
company_name: "Energy Recovery, Inc."
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:44:39.568885+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CFO Joshua Ballard to resign effective June 30; receives $400K severance and extended option exercise

## Summary
- Ballard resigns as CFO effective June 30, 2024; no disagreement with management cited.
- Company to pay Ballard $400,000 lump sum severance, subject to tax deductions.
- Ballard may exercise vested options through June 30, 2026 (two-year extension).
- Severance conditioned on release of claims, return of property, and non-disparagement.
- No replacement CFO announced; Ballard agreed to cooperate with transition.

## SEC filing metadata
- accession: 0001421517-24-000140
- form_type: 8-K
- ticker: ERII
- cik: 0001421517
- company_name: Energy Recovery, Inc.
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000140/0001421517-24-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000140/erii-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421517-24-000140
- JSON: https://secwatch.observer/filing/0001421517-24-000140.json
- Plain text: https://secwatch.observer/filing/0001421517-24-000140.txt

## Source-grounded claims
- claim_id: b4ad880f80
  claim: Joshua Ballard resigned as Chief Financial Officer at Energy Recovery, Inc..
  evidence_excerpt: Mr. Joshua Ballard resigned from his position as Energy Recovery, Inc.’s (the “Company”) Chief Financial Officer, effective June 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000140/0001421517-24-000140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.