other
confidence high
sentiment neutral
materiality 0.30
AWR grants RSUs and performance awards to CEO Sprowls and four other officers
AMERICAN STATES WATER CO
- CEO Sprowls: 6,503 time-vested RSUs (33/33/34% vest) and 19,512 target performance awards.
- CFO Tang: 983 RSUs and 983 target performance awards; VP Connor: 1,027 RSUs and 1,028 target.
- Performance awards tied to TSR vs. peer group, GSWC operating expense, and ASUS net earnings/success rate.
- Awards vest over 2025–2027; accelerated upon death, disability, retirement, or qualifying change-in-control termination.