Ann P. Kelly - 02 Jan 2026 Form 4 Insider Report for H2O AMERICA (HTO)

Role: CFO and Treasurer
Signature: /s/ Marisa Joss Attorney-in-Fact for Ann P. Kelly
Issuer symbol: HTO
Transactions as of: 02 Jan 2026
Net transactions value: -$9,850
Form type: 4
Filing time: 06 Jan 2026, 21:12:21 UTC
Previous filing: 03 Dec 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kelly Ann P	CFO and Treasurer	110 W TAYLOR ST, SAN JOSE	/s/ Marisa Joss Attorney-in-Fact for Ann P. Kelly	06 Jan 2026	0001735307

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HTO	Common Stock	Tax liability	$9,850	-200	-2.3%	$49.25	8,357	02 Jan 2026	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents 200 shares of the issuer's common stock (Common Stock) withheld in satisfaction of applicable withholding taxes upon the vesting of certain shares of Common Stock that became issuable on January 2, 2026 pursuant to the terms of the Restricted Stock Unit Issuance Agreement between the reporting person and the issuer dated January 2, 2025. The shares underlying such restricted stock units (RSUs) were previously reported as Table I securities at the time the RSUs were granted. Accordingly, the issuance of such shares is not a reportable transaction on this Form 4.
F2	Represents 1,947 shares of Common Stock and 6,410 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.

Content

Represents 200 shares of the issuer's common stock (Common Stock) withheld in satisfaction of applicable withholding taxes upon the vesting of certain shares of Common Stock that became issuable on January 2, 2026 pursuant to the terms of the Restricted Stock Unit Issuance Agreement between the reporting person and the issuer dated January 2, 2025. The shares underlying such restricted stock units (RSUs) were previously reported as Table I securities at the time the RSUs were granted. Accordingly, the issuance of such shares is not a reportable transaction on this Form 4.

Represents 1,947 shares of Common Stock and 6,410 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.