William Yeung - 03 Oct 2025 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Signature
/s/ William Yeung
Issuer symbol
ERII
Transactions as of
03 Oct 2025
Net transactions value
-$57,072
Form type
4
Filing time
07 Oct 2025, 17:11:07 UTC
Previous filing
22 Sep 2025
Next filing
17 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Yeung William Chief Legal Officer C/O ENERGY RECOVERY, INC., 1717 DOOLITTLE DRIVE, SAN LEANDRO /s/ William Yeung 07 Oct 2025 0001677876

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Options Exercise $7,785 +1,038 +1.1% $7.50 98,407 03 Oct 2025 Direct
transaction ERII Common Stock Sale $16,608 -1,038 -1.1% $16.00 97,369 03 Oct 2025 Direct F1
transaction ERII Common Stock Options Exercise $18,968 +2,529 +2.6% $7.50 99,898 03 Oct 2025 Direct
transaction ERII Common Stock Sale $40,464 -2,529 -2.5% $16.00 97,369 03 Oct 2025 Direct F1
holding ERII Common Stock 5,568 03 Oct 2025 Spouse

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 ERII Employee Stock Option (Right to Buy) Options Exercise $7,785 -1,038 -3.3% $7.50 30,769 03 Oct 2025 Common Stock 1,038 $7.50 Direct F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $18,968 -2,529 -8.2% $7.50 28,240 03 Oct 2025 Common Stock 2,529 $7.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 This employee stock option was granted on February 1, 2018. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.