other material
confidence high
sentiment neutral
materiality 0.25
AWR approves 2026 STIP; CEO Sprowls target bonus 100% of base salary
AMERICAN STATES WATER CO
- Executive officers eligible for objective (80%) and discretionary (20%) cash bonuses based on 2026 performance.
- CEO Robert J. Sprowls target aggregate bonus = 100% of base salary; CFO Eva G. Tang = 40.4%.
- Objective bonus tied to EPS, capital expenditures, customer complaints, safety, SOX deficiencies, and supplier diversity.
- Discretionary bonus based on subjective assessment of individual performance by the Compensation Committee.
- Bonus payout subject to recoupment policy and forfeiture if employment ends before payment date.