secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001628280-25-012833
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR grants RSUs and performance awards to CEO Sprowls and four other officers
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828025012833/0001628280-25-012833-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92116/000162828025012833/awr-20250313.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-012833

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer