{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000271","form_type":"8-K","ticker":"WTRG","cik":"0000078128","company_name":"Essential Utilities, Inc.","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.960733+00:00","generated_at":"2026-06-02T23:31:21.040065+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Essential Utilities renews CEO contract; amends CIC agreements for other NEOs","bullets":["New employment agreement for CEO Christopher Franklin effective July 1, 2024, with three-year term and option for one-year extension.","Target annual bonus set at no less than 100% of base salary; target annual equity LTI at no less than 250% of base salary.","Non-CIC termination severance: 2x base salary + target bonus; CIC termination severance: 3x base salary + target bonus plus full equity vesting.","Company also amended change-in-control agreements for other named executive officers to convert underwater options to RSUs upon a CIC."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000271","json":"https://secwatch.observer/filing/0001552781-24-000271.json","markdown":"https://secwatch.observer/filing/0001552781-24-000271.md","text":"https://secwatch.observer/filing/0001552781-24-000271.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/78128/000155278124000271/0001552781-24-000271-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/78128/000155278124000271/e24219_wtrg-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:31:21.040065+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"}