American Water Works Company, Inc. Files Definitive Proxy Statement
Ticker: AWK · Form: DEF 14A · Filed: 2024-03-26T00:00:00.000Z
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, American Water Works, Executive Compensation, Corporate Governance
TL;DR
<b>American Water Works Company, Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>
AI Summary
American Water Works Company, Inc. (AWK) filed a Proxy Statement (DEF 14A) with the SEC on March 26, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for American Water Works Company, Inc. The filing covers the fiscal year ending December 31, 2023. Key dates related to the reporting period are from 2020-01-01 to 2023-12-31. The company's principal executive offices are located at 1 Water Street, Camden, NJ 08102-1658. The filing includes details on executive compensation components such as changes in fair value of equity awards and pension plans.
Why It Matters
For investors and stakeholders tracking American Water Works Company, Inc., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding the company's governance, executive compensation, and matters to be voted on at the upcoming annual meeting. Shareholders can review details on the fair value of equity awards, changes in pension plans, and other compensation elements for key executives.
Risk Assessment
Risk Level: low — American Water Works Company, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial distress or significant operational changes.
Analyst Insight
Shareholders should review the proxy statement to understand executive compensation structures and vote on relevant proposals.
Key Numbers
- 2023-12-31 — Fiscal Year End (Conformed period of report)
- 2024-03-26 — Filing Date (Conformed submission date)
- 2024-05-15 — Meeting Date (Conformed period of report)
Key Players & Entities
- American Water Works Company, Inc. (company) — Filer name
- DEF 14A (filing) — Form type
- 1 Water Street, Camden, NJ 08102-1658 (address) — Business address
- 856-955-4001 (phone) — Business phone
- Ms. Hardwick (person) — Mentioned in relation to equity awards and pension plans
- Walter J. Lynch (person) — Mentioned in relation to equity awards and pension plans
FAQ
When did American Water Works Company, Inc. file this DEF 14A?
American Water Works Company, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 26, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by American Water Works Company, Inc. (AWK).
Where can I read the original DEF 14A filing from American Water Works Company, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by American Water Works Company, Inc..
What are the key takeaways from American Water Works Company, Inc.'s DEF 14A?
American Water Works Company, Inc. filed this DEF 14A on March 26, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for American Water Works Company, Inc.. The filing covers the fiscal year ending December 31, 2023.. Key dates related to the reporting period are from 2020-01-01 to 2023-12-31..
Is American Water Works Company, Inc. a risky investment based on this filing?
Based on this DEF 14A, American Water Works Company, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial distress or significant operational changes.
What should investors do after reading American Water Works Company, Inc.'s DEF 14A?
Shareholders should review the proxy statement to understand executive compensation structures and vote on relevant proposals. The overall sentiment from this filing is neutral.
How does American Water Works Company, Inc. compare to its industry peers?
American Water Works Company, Inc. operates in the water supply industry, providing essential utility services.
Are there regulatory concerns for American Water Works Company, Inc.?
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information relevant to shareholders.
Industry Context
American Water Works Company, Inc. operates in the water supply industry, providing essential utility services.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information relevant to shareholders.
What Investors Should Do
- Review the detailed executive compensation breakdown.
- Understand the proposals to be voted on at the annual meeting.
- Assess the company's governance practices as outlined in the proxy statement.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard annual disclosure for proxy matters, not a comparison to a prior filing type.
From the Filing
0001193125-24-077207.txt : 20240326 0001193125-24-077207.hdr.sgml : 20240326 20240326090819 ACCESSION NUMBER: 0001193125-24-077207 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 65 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240326 DATE AS OF CHANGE: 20240326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Water Works Company, Inc. CENTRAL INDEX KEY: 0001410636 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 510063696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34028 FILM NUMBER: 24781193 BUSINESS ADDRESS: STREET 1: 1 WATER STREET CITY: CAMDEN STATE: NJ ZIP: 08102-1658 BUSINESS PHONE: 856-955-4001 MAIL ADDRESS: STREET 1: 1 WATER STREET CITY: CAMDEN STATE: NJ ZIP: 08102-1658 DEF 14A 1 d465803ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001410636 0001410636 2023-01-01 2023-12-31 0001410636 2021-01-01 2021-12-31 0001410636 2022-01-01 2022-12-31 0001410636 2020-01-01 2020-12-31 0001410636 awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInFvFromEndOfThePriorFiscalYearToTheVestingDateForEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInFvFromEndOfThePriorFiscalYearToTheVestingDateForEquityAwardsGrantedInPriorYearsThatVestedDuringTheYearMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInActuarialPresentValueForAllDefinedBenefitAndActurialPensionPlansMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:YearEndFvOfEquityAwardsGrantedDuringYearThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:YearEndFvOfEquityAwardsGrantedDuringYearThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:Asc715PensionServiceCostAttributableToServicesRenderedInTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:FvAtTheEndOfThePriorFiscalYearForEquityAwardsGrantedInPriorYearsThatWereForfeitedDuringTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:FvAtTheEndOfThePriorFiscalYearForEquityAwardsGrantedInPriorYearsThatWereForfeitedDuringTheYearMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInActuarialPresentValueForAllDefinedBenefitAndActurialPensionPlansMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInFvAsOfYearEndOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:ChangeInFvAsOfYearEndOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:GrantDateFairValueGdfvOfEquityAwardsGrantedDuringTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001410636 awk:GrantDateFairValueGdfvOfEquityAwardsGrantedDuringTheYearMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 awk:Asc715PensionServiceCostAttributableToServicesRenderedInTheYearMember ecd:PeoMember awk:Ms.HardwickMember 2023-01-01 2023-12-31 0001410636 3 2023-01-01 2023-12-31 0001410636 6 2023-01-01 2023-12-31 0001410636 7 2023-01-01 2023-12-31 0001410636 1 2023-01-01 2023-12-31 0001410636 4 2023-01-01 2023-12-31 0001410636 2 2023-01-01 2023-12-31 0001410636 5 2023-01-01 2023-12-31 0001410636 awk:WalterJ.LynchMember 2022-01-01 2022-12-31 0001410636 awk:Ms.HardwickMember 2022-01-01 2022-12-31 0001410636 awk:ChangeInFvAsOfYearEndOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001410636 awk:ChangeInFvAsOfYearEndOfEquityAwardsGrantedInPriorYearsThatAreOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember awk:WalterJ.LynchMember 2022-01-01 2022-12-31 0001410636 awk:ChangeInFvFromEn