Matthew Rhodes - 24 Jan 2024 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: 24 Jan 2024
Net transactions value: +$362,702
Form type: 4
Filing time: 26 Jan 2024, 16:38:42 UTC
Previous filing: 01 Mar 2023
Next filing: 28 Feb 2024
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	+5,423	+17%	$0.000000	37,807	24 Jan 2024	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	$362,702	+10,137		$35.78	10,137	24 Jan 2024	Common Stock	10,137	$35.78	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 01/24/2027.
F2	Includes additional shares acquired under the Issuer's Employee Stock Purchase Plan since the date of the reporting person's last ownership report.
F3	Grant of 10,137 shares of stock options which vest one-third each year on the anniversary of the grant, subject to the achievement of designated performance goals.