Daniel Schuller - Feb 22, 2023 Form 4 Insider Report for Essential Utilities, Inc. (WTRG)

Role: Executive Vice President
Signature: /s/ Brian Dingerdissen, attorney-in-fact for Mr. Schuller
Stock symbol: WTRG
Transactions as of: Feb 22, 2023
Transactions value $: $314,686
Form type: 4
Date filed: 2/24/2023, 04:27 PM
Previous filing: Mar 2, 2022
Next filing: Mar 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTRG	Common Stock	Award	$0	+4.21K	+9.6%	$0.00	48.1K	Feb 22, 2023	Direct	F1
holding	WTRG	Common Stock 401k						968	Feb 22, 2023	401k	F2

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	WTRG	Stock Options (Right to Buy)	Award	$315K	+6.94K		$45.37	6.94K	Feb 22, 2023	Common Stock	6.94K	$45.37	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on 02/22/2026.
F2	Includes shares acquired under the Company's 401k plan since the last filing.
F3	Grant of 6,936 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.