Chris Franklin - 22 Feb 2023 Form 4 Insider Report for Essential Utilities, Inc. (WTRG)

Role: Chief Executive Officer
Signature: /s/ Brian Dingerdissen, attorney-in-fact for Mr. Franklin
Issuer symbol: WTRG
Transactions as of: 22 Feb 2023
Net transactions value: +$1,192,868
Form type: 4
Filing time: 24 Feb 2023, 16:25:49 UTC
Previous filing: 04 May 2022
Next filing: 01 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTRG	Common Stock	Award	$0	+15,973	+8.7%	$0.000000	200,478	22 Feb 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WTRG	Stock Options (Right to Buy)	Award	$1,192,868	+26,292		$45.37	26,292	22 Feb 2023	Common Stock	26,292	$45.37	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on 02/22/2026.
F2	Grant of 26,292 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.