---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-011486"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T16:33:10.423664+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# American States Water grants RSUs and performance awards to execs; CEO gets 6,425 RSUs, 19,275 target performance units

## Summary
- CEO Sprowls receives 6,425 time-vested RSUs vesting 33/33/34% on 1st/2nd/3rd anniversaries plus performance award target of 19,275 units.
- Other executives (Tang, Rowley, Connor, Farrow) receive RSUs from 729 to 1,056; performance award targets from 1,014 to 1,056.
- Performance awards vest based on Total Shareholder Return vs. peer group, GSWC operating expense level, ASUS cumulative net earnings, and ASUS new base acquisition success rate.
- Dividends on RSUs and earned performance awards paid in additional RSUs; performance period is Jan 1, 2024 - Dec 31, 2026.

## SEC filing metadata
- accession: 0001628280-24-011486
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828024011486/0001628280-24-011486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92116/000162828024011486/awr-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-011486
- JSON: https://secwatch.observer/filing/0001628280-24-011486.json
- Plain text: https://secwatch.observer/filing/0001628280-24-011486.txt

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