American States Water approves 2026 executive short-term bonus program
On March 26, 2026, the Compensation Committee approved a 2026 Short-Term Incentive Program for AWR's executive officers, with cash bonuses tied to performance targets and discretionary assessment. The filing sets target bonuses as a percentage of 2026 base salary for five named executives, including 100% for CEO Robert J. Sprowls.
Key points
- Approved March 26, 2026 by the Compensation Committee of the Board of Directors
- Target bonus for CEO Robert J. Sprowls is 100% of 2026 base salary; CFO Eva G. Tang's target is 40.4%
- Each bonus is split: 80% objective (based on specific performance targets) and 20% discretionary
- Program and award agreement filed as Exhibits 10.1 and 10.2
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.