secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001628280-23-019964
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR shareholders approve 2023 Non-Employee Director Stock Plan; up to 250K shares authorized
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- Shareholders approved the 2023 Non-Employee Directors Stock Plan authorizing up to 250,000 common shares for issuance.
- Each non-employee director receives an annual RSU award of $40,000 fair market value; max 5,000 shares per director per year.
- Total annual compensation per director capped at $950,000; RSUs vest fully 90 days after grant.
- All three Class III directors (Eichelberger, Ervin, Levin) re-elected with >26M votes each.
- Advisory vote on executive compensation passed with ~95% support; PwC ratified as auditor with ~96% approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023019964/0001628280-23-019964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023019964/awr-20230523.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-019964

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