American Water Works Files DEF 14A for May 13, 2026 Annual Meeting
| Field | Detail |
|---|---|
| Company | Def 14a - American Water Works Company, Inc. (0001410636) (Filer) |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $3.7 billion |
| Sentiment | neutral |
Complexity: moderate
Sentiment: neutral
Topics: proxy-statement, annual-meeting, corporate-governance
TL;DR
**AWK filed its proxy, get ready to vote on directors and pay at the May 13th meeting!**
AI Summary
American Water Works Company, Inc. filed a DEF 14A proxy statement on March 24, 2026, for its upcoming annual meeting scheduled for May 13, 2026. This filing outlines proposals for shareholder votes, including the election of directors and executive compensation, which are crucial for investors as they directly impact the company's governance and leadership. Understanding these proposals helps shareholders make informed decisions that affect the company's future strategic direction and financial performance.
Why It Matters
This filing is important because it details the items shareholders will vote on at the annual meeting, directly influencing the company's leadership and how executives are paid.
Risk Assessment
Risk Level: low — This is a routine proxy filing, indicating standard corporate governance procedures rather than immediate financial risk.
Analyst Insight
Investors should review the full DEF 14A document to understand the specific proposals, especially regarding director elections and executive compensation, before the May 13, 2026 annual meeting to make informed voting decisions.
Key Numbers
- 2026-03-24 — Filing Date (Date the DEF 14A was filed with the SEC)
- 2026-05-13 — Annual Meeting Date (Date of the shareholder meeting where votes will occur)
- 63 — Documents (Number of documents included in the filing)
Key Players & Entities
- American Water Works Company, Inc. (company) — Filer of the DEF 14A
- 0001410636 (company) — Filer CIK
- 0001193125-26-120668 (dollar_amount) — SEC Accession No.
- 2026-03-24 (date) — Filing Date
- 2026-05-13 (date) — Period of Report (Annual Meeting Date)
FAQ
What is the purpose of American Water Works Company, Inc.'s DEF 14A filing on March 24, 2026?
The DEF 14A filing by American Water Works Company, Inc. on March 24, 2026, is a definitive proxy statement, which informs shareholders about matters to be voted on at the upcoming annual meeting scheduled for May 13, 2026. This typically includes the election of directors, executive compensation, and other corporate governance proposals.
When is American Water Works Company, Inc.'s annual meeting, as indicated in this filing?
The annual meeting for American Water Works Company, Inc. is scheduled for May 13, 2026, as indicated by the 'Period of Report' in the DEF 14A filing.
Filing Stats: 4,372 words · 17 min read · ~15 pages · Grade level 17.6 · Accepted 2026-03-24 06:45:16
Key Financial Figures
- $3.7 billion — r 2026, we plan to invest approximately $3.7 billion to replace pipes and pumps, upgrade pla
Filing Documents
- d21438ddef14a.htm (DEF 14A) — 2578KB
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- 0001193125-26-120668.txt ( ) — 18775KB
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EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 47 2025 Summary Compensation Table 47 2025 Grants of Plan-Based Awards 50 Outstanding Equity Awards at 2025 Fiscal Year-End 51 2025 Option Exercises and Stock Vested 53 Pension Benefits at December 31, 2025 53 Description of Pension and Other Retirement Plans 54 2025 Nonqualified Deferred Compensation 55 Description of the Employee Deferred Compensation Plan 56 Potential Payments on Termination or Change of Control 56 Pay Versus Performance 61 CEO Pay Ratio 64 COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION 65 EQUITY COMPENSATION PLAN INFORMATION 65 AUDIT, FINANCE AND RISK COMMITTEE REPORT 65 AMERICAN WATER | 2026 PROXY STATEMENT Table of Contents PROPOSAL 3: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 67 General 67 Fees Paid to Independent Registered Public Accounting Firm 67 Pre-Approval of Services Provided by Independent Registered Public Accounting Firm 68 Recommendation of the Board 68 PROPOSAL 4: AMENDING AND RESTATING THE AMERICAN WATER WORKS COMPANY, INC. 2017 OMNIBUS EQUITY COMPENSATION PLAN 69 Background of the Proposal 69 Reasons for the Proposal 69 Summary of Material Terms of the Amended 2017 Omnibus Plan 69 New Plan Benefits 77 U.S. Federal Income Tax Consequences 77 Recommendation of the Board 78 PROPOSAL 5: AMENDING AND RESTATING THE AMERICAN WATER WORKS COMPANY, INC. AND ITS DESIGNATED SUBSIDIARIES 2017 NONQUALIFIED EMPLOYEE STOCK PURCHASE PLAN 79 Background of the Proposal 79 Reasons for the Proposal 79 Summary of the Material Terms of the Amended ESPP 79 New Plan Benefits 83 U.S. Federal Income Tax Consequences 83 Recommendation of the Board 84 PROPOSAL 6: AMENDING THE AMERICAN WATER WORKS COMPANY, INC. RESTATED CERTIFICATE OF INCORPORATION TO PROVIDE FOR OFFICER EXCULPATION 85 Background of the Proposal 85 The Proposed Amendment 85
Security Ownership of Management
Security Ownership of Management 87
Security Ownership of Certain Beneficial Owners
Security Ownership of Certain Beneficial Owners 88 COMMUNICATIONS, SHAREHOLDER PROPOSALS AND COMPANY INFORMATION 90 Shareholder Communications to the Board 90 Shareholder Proposals, Proxy Access Deadlines and Director Nominations 90 Delivering Proxy Materials Through Electronic Means 91 Householding of Proxy Materials 92 Contacting Us or Our Transfer Agent 92 Where to Find More Information 92 OTHER MATTERS 93 Other Matters to Come Before the Annual Meeting 93 Solicitation of Proxies 93 Status of Information Included in this Proxy Statement 93
Forward-Looking Statements
Forward-Looking Statements 94 APPENDIX A – NON-GAAP FINANCIAL INFORMATION A-1 APPENDIX B – AMERICAN WATER WORKS COMPANY, INC. 2017 OMNIBUS EQUITY COMPENSATION PLAN, AS PROPOSED TO BE AMENDED AND RESTATED B-1 APPENDIX C – AMERICAN WATER WORKS COMPANY, INC. AND ITS DESIGNATED SUBSIDIARIES 2017 NONQUALIFIED EMPLOYEE STOCK PURCHASE PLAN, AS PROPOSED TO BE AMENDED AND RESTATED C-1 APPENDIX D – PROPOSED AMENDMENT TO RESTATED CERTIFICATE OF INCORPORATION OF AMERICAN WATER WORKS COMPANY, INC. D-1 *** This proxy statement contains forward-looking statements based on the Company's current expectations and assumptions regarding future events, and readers are cautioned not to place undue reliance upon them. See "Other Matters—Forward-Looking Statements" beginning on page 94 of this proxy statement for further information regarding forward-lo