Rodney Clemente - Mar 10, 2025 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
SVP, Water
Signature
/s/ William Yeung, Attorney-in-Fact for Rodney Clemente
Stock symbol
ERII
Transactions as of
Mar 10, 2025
Transactions value $
-$42,910
Form type
4
Date filed
3/12/2025, 04:57 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Tax liability -$13K -794 -0.71% $16.37 110K Mar 10, 2025 Direct F1
transaction ERII Common Stock Sale -$29.9K -1.84K -1.67% $16.23 108K Mar 11, 2025 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 Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F2 These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2024.

Remarks:

Exhibit 24