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

Role: EVP, Strategy & Corp Dev
Signature: Brian Dingerdissen, attorney-in-fact for Mr. Rhodes
Issuer symbol: WTRG
Transactions as of: 22 Feb 2023
Net transactions value: +$259,335
Form type: 4
Filing time: 24 Feb 2023, 16:33:46 UTC
Previous filing: 02 Mar 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	+3,473	+14%	$0.000000	28,416	22 Feb 2023	Direct	F1, F2

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	$259,335	+5,716		$45.37	5,716	22 Feb 2023	Common Stock	5,716	$45.37	Direct	F3

* 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 2/22/2026.
F2	Includes additional shares acquired under the Issuer's Employee Stock Purchase Program since the date of the reporting person's last ownership report.
F3	Grant of 5,716 shares of stock options which vest one-third each year on the anniversary of the grant, subject to the achievement of designated performance goals.