William Yeung - Oct 3, 2025 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Signature
/s/ William Yeung
Stock symbol
ERII
Transactions as of
Oct 3, 2025
Transactions value $
-$57,072
Form type
4
Date filed
10/7/2025, 05:11 PM
Previous filing
Sep 22, 2025
Next filing
Oct 17, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Yeung William Chief Legal Officer C/O ENERGY RECOVERY, INC., 1717 DOOLITTLE DRIVE, SAN LEANDRO /s/ William Yeung 2025-10-07 0001677876

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Options Exercise $7.79K +1.04K +1.07% $7.50 98.4K Oct 3, 2025 Direct
transaction ERII Common Stock Sale -$16.6K -1.04K -1.05% $16.00 97.4K Oct 3, 2025 Direct F1
transaction ERII Common Stock Options Exercise $19K +2.53K +2.6% $7.50 99.9K Oct 3, 2025 Direct
transaction ERII Common Stock Sale -$40.5K -2.53K -2.53% $16.00 97.4K Oct 3, 2025 Direct F1
holding ERII Common Stock 5.57K Oct 3, 2025 Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ERII Employee Stock Option (Right to Buy) Options Exercise -$7.79K -1.04K -3.26% $7.50 30.8K Oct 3, 2025 Common Stock 1.04K $7.50 Direct F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise -$19K -2.53K -8.22% $7.50 28.2K Oct 3, 2025 Common Stock 2.53K $7.50 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 These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 This employee stock option was granted on February 1, 2018. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.