Business Context and Reporting Period
This Form 8-K Current Report was filed by American States Water Company and Golden State Water Company on February 10, 2026. The filing addresses corporate governance matters, specifically the approval of executive compensation for the 2026 fiscal year.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on executive salary adjustments.
Material Changes
The Board of Directors approved new base salaries for five key officers effective for the 2026 period. The specific approved amounts are:
- Robert J. Sprowls (President and CEO): $1,004,300
- Eva G. Tang (SVP-Finance, CFO): $661,600
- Paul J. Rowley (SVP-Regulated Water Utility): $518,200
- Christopher H. Connor (SVP-American States Utility Services): $451,500
- Gladys M. Farrow (Assistant Secretary/Treasurer): $412,000
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document is limited to the disclosure of compensatory arrangements under Item 5.02(e).
Investor Verification Points
- Confirm the effective date of the new salary structure for the named executives.
- Review the total compensation packages (including bonuses and equity) to understand the full financial impact beyond base salary.
- Verify if these salary adjustments align with the company's historical compensation trends and peer group benchmarks.