AWKAmerican Water Works
Deals with insiders in the proxy filed 2026-03-24
Deals between AWK and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-27.
Nothing new: every deal in this year's section was reported last year too.
The whole section
6 paragraphs quoted as filed
BOARD REVIEW OF RELATED PERSON TRANSACTIONS“The Board has approved a Related Person Transaction Policy, which serves to identify, review and approve transactions involving related persons. This policy supplements our Code of Ethics by prohibiting transactions with related persons unless specifically exempt or prior written approval is granted as discussed below. Related person transactions are non-exempt transactions, relationships or arrangements in excess of $120,000 in which American Water or any subsidiary was or is to be a participant and a related person had or will have a direct or indirect material interest. For purposes of this policy, a “related person” is:”
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BOARD REVIEW OF RELATED PERSON TRANSACTIONS“a beneficial owner of more than 5 percent of our common stock; or an immediate family member (as defined by the policy) of any of the foregoing.”
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BOARD REVIEW OF RELATED PERSON TRANSACTIONS“Approval of a related person transaction may only be granted in writing in advance by the disinterested members of either the Board or the Audit, Finance and Risk Committee. Before any related person transaction is approved, the following factors, among others, are to be considered:”
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BOARD REVIEW OF RELATED PERSON TRANSACTIONS“the dollar value of the transaction or the related person’s interest in the transaction without regard to the amount of any profit or loss;”
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BOARD REVIEW OF RELATED PERSON TRANSACTIONS“whether the transaction is to be undertaken in the ordinary course of business of American Water; and whether the transaction is on terms more favorable to American Water than a transaction with an unrelated third party.”
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BOARD REVIEW OF RELATED PERSON TRANSACTIONS“Approval of a related person transaction under the policy will be granted only if it is determined that, under all of the circumstances, the transaction is in the best interests of American Water and only so long as those interests outweigh any negative effects that may arise from permitting the transaction to occur.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗