secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001628280-26-021751
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR approves 2026 STIP; CEO Sprowls target bonus 100% of base salary
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828026021751/0001628280-26-021751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828026021751/awr-20260326.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-021751

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