8-K filed May 6, 2026, 7:59 PM ET ticker ERII CIK 0001421517

leadership confidence high sentiment neutral materiality 0.80

Energy Recovery reports Q1 2026 results, CEO David Moon to retire, CFO resigns, board authorizes $25M share repurchase

Energy Recovery, Inc.

Revenue increased 20% to $9.7M in Q1 2026 from $8.1M in Q1 2025; net loss was $12.3M.
CEO David Moon announced intention to retire after successor appointed; search underway.
CFO Mike Mancini resigned effective May 6, 2026; Aidan Ryan appointed Interim CFO.
Board authorized new $25M share repurchase program over next 12 months, adding to $130M total announced since Nov 2024.
Gross margin fell to 27.8% from 55.3% due to restructuring charges and higher costs.

item 2.02 item 5.02 item 8.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001421517-26-000040
form_type: 8-K
ticker: ERII
cik: 0001421517
company_name: Energy Recovery, Inc.
filed_at: 2026-05-06T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.263926+00:00
generated_at: 2026-05-14T22:36:16.584605+00:00
sec_items: ["2.02", "5.02", "8.01", "9.01"]
event_type: leadership
sentiment: neutral
materiality_score: 0.8
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confidence: high
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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David Moon

President and Chief Executive Officer

ERII · Energy Recovery, Inc.

Filed: May 6, 2026, 7:59 PM ET

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

Departed

Mike Mancini

Chief Financial Officer

ERII · Energy Recovery, Inc.

Effective: 2026-05-06
Successor: Aidan Ryan
Filed: May 6, 2026, 7:59 PM ET

On May 4, 2026, Mike Mancini, Chief Financial Officer of the Company, submitted his resignation to the Company effective as of May 6, 2026.

Appointed (interim)

Aidan Ryan

Interim Chief Financial Officer

ERII · Energy Recovery, Inc.

Effective: 2026-05-06
Filed: May 6, 2026, 7:59 PM ET

On May 6, 2026, the Company announced that Aidan Ryan, 42, has been appointed as the Interim Chief Financial Officer.

Source-grounded claims

e02fe03afb69efde5c2fc57ed9408de932ddf008

Energy Recovery, Inc. reported the first quarter ended March 31, 2026 results: revenue $9.7 million, net income Net loss of $12.3 million, EPS Diluted loss per share ($0.23).

over the next 12 months. Since November 2024, the Company has now announced $130.0 million of aggregate share repurchase authorizations. First Quarter Highlights • Revenue of $9.7 million, an increase of $1.6 million, as compared to Q1’2025. • Gross margin of 27.8%, a decrease of 2,750 bps, as compared to Q1’2025 due primarily to $1.6 million of restructuring

SEC 8-K Item 2.02 confidence 1.0 SEC evidence

0735796eec

David Moon departed as President and Chief Executive Officer at Energy Recovery, Inc..

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

8e4223b6c8

Mike Mancini resigned as Chief Financial Officer at Energy Recovery, Inc..

On May 4, 2026, Mike Mancini, Chief Financial Officer of the Company, submitted his resignation to the Company effective as of May 6, 2026.

SEC 8-K Item 5.02 confidence 0.98 SEC evidence

d41eda34b7

Aidan Ryan was appointed as Interim Chief Financial Officer at Energy Recovery, Inc..

On May 6, 2026, the Company announced that Aidan Ryan, 42, has been appointed as the Interim Chief Financial Officer.

SEC 8-K Item 5.02 confidence 0.98 SEC evidence

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This filing

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same fact type: executive_change same SEC item: 5.02, 9.01 same event type: leadership similar materiality

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David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

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same fact type: executive_change same SEC item: 5.02, 9.01 same event type: leadership similar materiality

This filing

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

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This filing

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same fact type: executive_change same SEC item: 5.02, 9.01 same event type: leadership similar materiality

This filing

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

Comparable filing

On May 31, 2026, the board of directors of the Company appointed Aaron Johnson, the Company’s Vice President, Finance and Accounting, as interim CFO and as the Company’s principal financial and accounting officer, succeeding Mr. Olmstead in these positions effective as of July 9, 2026, on an interim basis until the Company appoints a successor.

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This filing

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

Comparable filing

On May 31, 2026, John Orr, Executive Vice President & Chief Operating Officer of Norfolk Southern Corporation (the “Company”), notified the Company of his intention to resign from the Company for “good reason” on account of proposed changes in the Company’s operations that would result in a diminution of his duties and responsibilities.

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ADTX

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Aditxt, Inc. June 1, 2026, 8:30 AM ET leadership Items 5.02, 7.01, 9.01

same fact type: executive_change same SEC item: 5.02, 9.01 same event type: leadership similar materiality

This filing

David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.

Comparable filing

On May 29, 2026, Amro Albanna notified the Company of his decision to resign as Chief Executive Officer of Aditxt, Inc. (the “Company”), and on May 30, 2026, Mr. Albanna resigned as a member of the Company’s Board of Directors (the “Board”), effective immediately.

Filing page SEC filing

Source: SEC EDGAR

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