---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013809"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:10:38.495810+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AWR adopts 2024 Short-Term Incentive Program; CEO target bonus 100% of base salary

## Summary
- Compensation Committee approved 2024 STIP for CEO Robert Sprowls (100%), CFO Eva Tang (38.2%), and other executives.
- Bonus composed of 80% objective (based on performance targets) and 20% discretionary component.
- Performance metrics include Adjusted EPS (consolidated, regulated utilities, ASUS), capital expenditures, customer complaints, and safety.
- Exhibits 10.1 and 10.2 filed with detailed program terms and award agreement form.
- Program covers 2024 calendar year; payouts subject to recoupment policy and SOX compliance.

## SEC filing metadata
- accession: 0001628280-24-013809
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828024013809/0001628280-24-013809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056903/000162828024013809/awr-20240327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013809
- JSON: https://secwatch.observer/filing/0001628280-24-013809.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013809.txt

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