American Water Works Reports on Shareholder Meeting & Other Events

TL;DR

AWK filed an 8-K for their May 15th shareholder meeting – key votes and updates inside.

AI Summary

American Water Works Company, Inc. filed an 8-K on May 17, 2024, reporting on matters submitted to a vote of security holders and other events from May 15, 2024. The filing includes information related to their 2024 Annual Meeting of Shareholders.

Why It Matters

This filing provides shareholders with official updates on corporate governance matters and decisions made during the annual meeting, impacting their investment.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of shareholder meeting outcomes and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• American Water Works Company, Inc. (company) — Registrant
• May 15, 2024 (date) — Date of earliest event reported
• May 17, 2024 (date) — Date of report
• Camden, NJ (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich Registered Common stock, par value $0.01 per share AWK New York Stock Exchange

Filing Documents

• awk-20240515.htm (8-K) — 54KB
• 0001410636-24-000116.txt ( ) — 205KB
• awk-20240515.xsd (EX-101.SCH) — 2KB
• awk-20240515_def.xml (EX-101.DEF) — 14KB
• awk-20240515_lab.xml (EX-101.LAB) — 25KB
• awk-20240515_pre.xml (EX-101.PRE) — 15KB
• awk-20240515_htm.xml (XML) — 3KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") of American Water Works Company, Inc., a Delaware corporation (the "Company"), was held on May 15, 2024. An aggregate of 169,944,883 shares, or 87.2% of the Company's issued and outstanding common stock as of March 18, 2024, the record date for the 2024 Annual Meeting, was represented in person or by proxy at the 2024 Annual Meeting, constituting a quorum. The results of voting at the 2024 Annual Meeting on each of the matters submitted to a vote of the Company's shareholders thereat is as set forth below. 1. The following nine nominees were elected as directors of the Company for a term expiring at the 2025 Annual Meeting of Shareholders, and until their successors are duly elected and qualified, and received the votes set forth adjacent to their names below: Director Nominee For Against Abstain Broker Non-Votes Jeffrey N. Edwards 148,548,041 5,131,185 118,900 16,146,757 Martha Clark Goss 143,650,279 10,037,781 110,066 16,146,757 M. Susan Hardwick 152,921,881 762,274 113,971 16,146,757 Kimberly J. Harris 148,051,722 5,631,843 114,561 16,146,757 Laurie P. Havanec 152,655,628 872,509 269,989 16,146,757 Julia L. Johnson 144,718,064 8,958,562 121,500 16,146,757 Patricia L. Kampling 148,963,779 4,722,693 111,654 16,146,757 Karl F. Kurz 143,770,779 9,908,021 119,326 16,146,757 Michael L. Marberry 147,104,394 6,563,401 130,331 16,146,757 2. The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers by the following vote: For Against Abstain Broker Non-Votes 134,276,377 19,227,434 294,315 16,146,757 3. The ratification of the appointment, by the Audit, Finance and Risk Committee of the Board of Directors, of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2024, was approved by the following vote: For Against Abstain 150,381,103

01. Other Events

Item 8.01. Other Events. Kentucky-American Water Company ("Kentucky American Water") Files with the Kentucky Public Service Commission (the "KPSC") a Petition for Rehearing of the KPSC's Order Issued on May 3, 2024 On May 16, 2024, Kentucky American Water, a wholly owned subsidiary of American Water Works Company, Inc. (the "Company"), filed with the KPSC a petition for rehearing of the KPSC's order issued on May 3, 2024 (the "Order"), which approved a water base rate adjustment request filed by Kentucky American Water on June 30, 2023. The petition for rehearing seeks clarification and/or correction of certain computational inconsistencies that Kentucky American Water believes are reflected in the Order with respect to the authorized amount of annualized water revenues to be received by Kentucky American Water. Consideration of the petition filed by Kentucky American Water by the KPSC is the next step in the process. The timing of any action by the KPSC cannot be predicted at this time. Cautionary Statement Concerning Forward-Looking Statements Certain statements included in this Current Report on Form 8-K are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words with prospective meanings such as "intend," "plan," "estimate," "believe," "anticipate," "expect," "predict," "project," "propose," "assume," "forecast," "outlook," "future," "pending," "goal," "objective," "potential," "continue," "seek to," "may," "can," "will," 2 "should" and "could," or the negative of such terms or other variations or similar expressions. These forward-looking statements are predictions based on the Company's current expectations and assumptions regarding future events. They are not guarantees or assurances of any outcomes, performance or achievements, and re

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN WATER WORKS COMPANY, INC. Dated: May 17, 2024 By: /s/ M. SUSAN HARDWICK M. Susan Hardwick President and Chief Executive Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR