CEO Andrew Walters was paid $2,872,942 in fiscal year 2025, ↑ up 113.7% from fiscal year 2024, the 1st percentile of its disclosed peer group (SEC filing 0001628280-26-023458 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$3,065,270 Eric Thornburg total, FY2025 Former President, Chief Executive Officer and Chairman of the Board — highest-paid officer; CEO Andrew Walters: $2,872,942 | 1st CEO (Andrew Walters) pay percentile vs peers | 21:1 CEO-to-median pay ratio | 97.43% Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Eric Thornburg | $461,572 | $0 | $1,783,435 | $0 | $0 | $806,463 | $13,800 | $3,065,270 |
| Former President, Chief Executive Officer and Chairman of the Board | ||||||||
| Andrew Walters | 619,308 | 0 | 1,690,019 | 0 | 427,660 | 25,540 | 110,415 | 2,872,942 |
| Chief Executive Officer and Chairman of the Board | ||||||||
| Kristen Johnson | 543,809 | 0 | 395,349 | 0 | 211,681 | 569,962 | 18,122 | 1,738,923 |
| President of Shared Services, Senior Vice President and Chief Administrative Officer | ||||||||
| Bruce Hauk | 543,598 | 0 | 471,538 | 0 | 264,935 | 97,061 | 14,000 | 1,391,132 |
| President and Chief Operating Officer | ||||||||
| Willie Brown | 460,000 | 0 | 286,655 | 0 | 166,367 | 128,088 | 39,000 | 1,080,110 |
| Vice President and General Counsel | ||||||||
| Ann Kelly | 451,230 | 0 | 351,834 | 0 | 191,329 | 55,812 | 25,000 | 1,075,205 |
| Chief Financial Officer and Treasurer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Eric Thornburg | $3,065,270 | $4,045,212 | $4,210,736 | ↓ −979,942 |
| Andrew Walters | 2,872,942 | 1,344,608 | 1,337,226 | ↑ +1,528,334 |
| Kristen Johnson | 1,738,923 | 1,509,618 | 1,899,293 | ↑ +229,305 |
| Bruce Hauk | 1,391,132 | 1,248,628 | 1,242,550 | ↑ +142,504 |
| Willie Brown | 1,080,110 | — | — | — |
| Ann Kelly | 1,075,205 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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This is the complete answer, not a partial one — the list is never padded.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Andrew Walters | CEO | $2,872,942 |
| Ann Kelly | CFO | $1,075,205 |
| Bruce Hauk | President | $1,391,132 |
| Eric Thornburg | CEO | $3,065,270 |
| Kristen Johnson | President | $1,738,923 |
| Willie Brown | General Counsel | $1,080,110 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Carl Guardino | Independent Director | $206,418 |
| Carol P. Wallace | Independent Director | $226,418 |
| Daniel B. More | Independent Director | $243,918 |
| Denise L. Kruger | Independent Director | $211,418 |
| Gregory P. Landis | Lead Independent Director | $251,418 |
| Heather Hunt | Independent Director | $218,918 |
| Mary Ann Hanley | Independent Director | $216,418 |
| Rebecca A. Klein | Independent Director | $213,918 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Willie Brown | PSU | 2025-02-28 | 826 | 1,652 | — | 3,304 | $91,455 |
| Bruce Hauk | RSU | 2025-01-02 | — | — | 2,998 | — | 146,003 |
| Bruce Hauk | RSU | 2025-07-01 | — | — | 2,076 | — | 110,775 |
| Ann Kelly | RSU | 2025-07-01 | — | — | 952 | — | 50,799 |
| Ann Kelly | PSU | 2025-07-01 | 706 | 1,411 | — | 2,117 | 75,291 |
| Eric Thornburg | RSU | 2025-01-02 | — | — | 11,058 | — | 538,525 |
| Andrew Walters | PSU | 2025-02-28 | 1,097 | 2,193 | — | 4,386 | 242,809 |
| Willie Brown | RSU | 2025-01-02 | — | — | 2,382 | — | 116,003 |
| Willie Brown | PSU | 2025-02-28 | 826 | 1,652 | — | 2,478 | 79,197 |
| Bruce Hauk | PSU | 2025-02-28 | 1,040 | 2,079 | — | 4,158 | 115,093 |
| Bruce Hauk | PSU | 2025-02-28 | 1,040 | 2,079 | — | 3,119 | 99,667 |
| Ann Kelly | RSU | 2025-01-02 | — | — | 1,833 | — | 89,267 |
| Ann Kelly | PSU | 2025-02-28 | 283 | 565 | — | 848 | 27,086 |
| Ann Kelly | PSU | 2025-02-28 | 283 | 565 | — | 1,130 | 31,278 |
| Ann Kelly | PSU | 2025-07-01 | 706 | 1,411 | — | 2,822 | 78,113 |
| Andrew Walters | RSU | 2025-01-02 | — | — | 3,163 | — | 154,038 |
| Andrew Walters | PSU | 2025-07-01 | 2,151 | 4,301 | — | 6,452 | 229,501 |
| Eric Thornburg | PSU | 2025-02-28 | 5,113 | 10,225 | — | 15,338 | 490,187 |
| Andrew Walters | RSU | 2025-07-01 | — | — | 3,580 | — | 191,029 |
| Kristen Johnson | RSU | 2025-01-02 | — | — | 2,382 | — | 116,003 |
| Eric Thornburg | PSU | 2025-02-28 | 6,817 | 13,633 | — | 27,266 | 754,723 |
| Kristen Johnson | PSU | 2025-02-28 | 826 | 1,652 | — | 2,478 | 79,197 |
| Andrew Walters | PSU | 2025-02-28 | 1,097 | 2,193 | — | 3,290 | 157,723 |
| Andrew Walters | PSU | 2025-07-01 | 3,229 | 6,457 | — | 12,914 | 714,919 |
| Kristen Johnson | PSU | 2025-02-28 | 826 | 1,652 | — | 3,304 | 91,455 |
| Kristen Johnson | RSU | 2025-07-01 | — | — | 2,037 | — | 108,694 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Willie Brown | $116,003 | $170,652 | $0 | 59.5% |
| Bruce Hauk | 256,778 | 214,760 | 0 | 45.5% |
| Ann Kelly | 140,066 | 211,768 | 0 | 60.2% |
| Eric Thornburg | 538,525 | 1,244,910 | 0 | 69.8% |
| Andrew Walters | 345,067 | 1,344,952 | 0 | 79.6% |
| Kristen Johnson | 224,697 | 170,652 | 0 | 43.2% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Eric Thornburg | PSU | 15,338 | — | $751,409 |
| Eric Thornburg | RSU | 13,633 | — | 667,881 |
| Eric Thornburg | RSU | 11,058 | — | 541,731 |
| Eric Thornburg | PSU | 8,895 | — | 435,766 |
| Andrew Walters | RSU | 6,457 | — | 316,328 |
| Bruce Hauk | RSU | 2,998 | — | 146,872 |
| Andrew Walters | RSU | 6,452 | — | 316,083 |
| Eric Thornburg | RSU | 5,624 | — | 275,520 |
| Eric Thornburg | PSU | 5,130 | — | 251,319 |
| Ann Kelly | RSU | 4,236 | — | 207,522 |
| Andrew Walters | RSU | 3,580 | — | 175,384 |
| Andrew Walters | PSU | 3,290 | — | 161,177 |
| Andrew Walters | RSU | 3,163 | — | 154,955 |
| Bruce Hauk | PSU | 3,119 | — | 152,800 |
| Kristen Johnson | PSU | 2,478 | — | 121,397 |
| Willie Brown | PSU | 2,478 | — | 121,397 |
| Kristen Johnson | RSU | 2,382 | — | 116,694 |
| Willie Brown | RSU | 2,382 | — | 116,694 |
| Andrew Walters | PSU | 2,193 | — | 107,435 |
| Eric Thornburg | RSU | 2,162 | — | 105,916 |
| Ann Kelly | PSU | 2,117 | — | 103,712 |
| Willie Brown | RSU | 1,154 | — | 56,534 |
| Bruce Hauk | PSU | 2,079 | — | 101,850 |
| Bruce Hauk | RSU | 2,076 | — | 101,703 |
| Kristen Johnson | RSU | 2,037 | — | 99,793 |
| Andrew Walters | PSU | 1,850 | — | 90,632 |
| Ann Kelly | RSU | 1,833 | — | 89,799 |
| Kristen Johnson | PSU | 1,652 | — | 80,931 |
| Bruce Hauk | RSU | 511 | — | 25,034 |
| Willie Brown | RSU | 1,652 | — | 80,931 |
| Bruce Hauk | PSU | 1,648 | — | 80,736 |
| Andrew Walters | RSU | 1,560 | — | 76,424 |
| Ann Kelly | RSU | 1,411 | — | 69,125 |
| Kristen Johnson | PSU | 1,394 | — | 68,292 |
| Bruce Hauk | RSU | 1,389 | — | 68,047 |
| Willie Brown | PSU | 1,369 | — | 67,067 |
| Kristen Johnson | RSU | 1,176 | — | 57,612 |
| Ann Kelly | RSU | 952 | — | 46,638 |
| Ann Kelly | PSU | 848 | — | 41,544 |
| Andrew Walters | PSU | 801 | — | 39,241 |
| Bruce Hauk | PSU | 713 | — | 34,930 |
| Kristen Johnson | PSU | 603 | — | 29,541 |
| Willie Brown | PSU | 592 | — | 29,002 |
| Andrew Walters | RSU | 579 | — | 28,365 |
| Ann Kelly | PSU | 565 | — | 27,679 |
| Kristen Johnson | RSU | 430 | — | 21,066 |
| Willie Brown | RSU | 430 | — | 21,066 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-13 | 34,474,021 | 908,548 | 96,246 | 97.43% | Passed |
| 2025 | 2025-05-14 | 26,970,198 | 1,537,535 | 61,813 | 94.61% | Passed |
| 2024 | 2024-06-20 | 22,256,090 | 4,030,530 | 44,719 | 84.67% | Passed |
| 2023 | 2023-04-26 | 23,195,924 | 1,419,771 | 51,348 | 94.04% | Passed |
| 2022 | 2022-04-27 | 23,177,195 | 1,242,707 | 58,387 | 94.91% | Passed |
| 2021 | 2021-04-28 | 22,182,187 | 465,249 | 68,858 | 97.95% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-13 | 97.43%a |
| 2025 | 2025-05-14 | 94.61%b |
| 2024 | 2024-06-20 | 84.67%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 21 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Gregory P. LandisIndependent · Lead Independent Director · Compensation · Nominating & Governance · Finance | $145,000 | $106,418 | — | — | — | $251,418 |
| Daniel B. MoreIndependent · Audit (Chair) · Finance (Chair) · Compensation · Nominating & Governance | 137,500 | 106,418 | — | — | — | 243,918 |
| Carol P. WallaceIndependent · Audit · Finance · Sustainability · Compensation | 120,000 | 106,418 | — | — | — | 226,418 |
| Heather HuntIndependent · Compensation · Nominating & Governance | 112,500 | 106,418 | — | — | — | 218,918 |
| Mary Ann HanleyIndependent · Audit · Nominating and Governance · Sustainability | 110,000 | 106,418 | — | — | — | 216,418 |
| Rebecca A. KleinIndependent · Compensation · Finance · Sustainability · Audit | 107,500 | 106,418 | — | — | — | 213,918 |
| Denise L. KrugerIndependent · Audit · Sustainability · Finance | 105,000 | 106,418 | — | — | — | 211,418 |
| Carl GuardinoIndependent · Nominating & Governance · Sustainability · Compensation | 100,000 | 106,418 | — | — | — | 206,418 |
| Eric W. ThornburgEmployee director · Board Chair | 112,500 | 0 | — | — | — | 112,500 |
| Nick O. RoweNot independent · Finance · Sustainability · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $110,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $350,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,050,000 |
| Equity awards (grant-date value) | $851,344 |
| All other compensation | $0 |
| Total cost of the board | $1,901,344 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies H2O America names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including H2O America.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Consolidated Edison, Inc. | 2025 | Timothy Cawley | $1,445,833 | $9,773,900 | $0 | $2,809,000 | $19,899,971 |
| 2 | Exelon Corporation | 2025 | Calvin Butler | 1,379,000 | 10,900,024 | 0 | 2,665,719 | 15,601,905 |
| 3 | NiSource Inc. | 2025 | Lloyd Yates | 1,191,667 | 9,619,864 | 0 | 2,261,784 | 13,197,800 |
| 4 | Southwest Gas Holdings, Inc. | 2025 | Karen Haller | 1,090,685 | 5,776,085 | 0 | 1,861,200 | 10,029,409 |
| 5 | Alliant Energy Corporation | 2025 | Lisa Barton | 1,136,937 | 5,471,255 | 0 | 1,835,563 | 8,999,073 |
| 6 | DTE Energy Company | 2025 | Joi Harris | 852,308 | 3,098,520 | 0 | 1,544,437 | 6,732,386 |
| 7 | H2O America | 2025 | Andrew Walters | 619,308 | 1,690,019 | 0 | 427,660 | 2,872,942 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| H2O America | not disclosed | not disclosed | not disclosed | Mercer |
| Alliant Energy Corporation | 130% | PSU 75 · RSU 25 | No | Pay Governance LLC |
| Consolidated Edison, Inc. | 143.5% | PSU 70 · RSU 30 | No | Mercer |
| DTE Energy Company | 169.87% | PSU 70 · RSU 30 | No | Meridian Compensation Partners LLC |
| Exelon Corporation | 133.62% | PSU 67 · RSU 33 | Yes — 3-year TSR | Willis Towers Watson (WTW) |
| NiSource Inc. | 146% | PSU 80 · RSU 20 | Yes — Three-Year RTSR | Meridian Compensation Partners |
| Southwest Gas Holdings, Inc. | 141% | PSU 60 · RSU 40 | No | Aon Human Capital Solutions |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Eric Thornburg | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 3,065,270. Filing ↗machine: r2 · c24 · span 880926–880935 |
| 2 | Section 01, Andrew Walters | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 2,872,942. Filing ↗machine: r5 · c24 · span 887265–887274 |
| 3 | Section 01, Kristen Johnson | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 1,738,923. Filing ↗machine: r12 · c24 · span 902511–902520 |
| 4 | Section 01, Bruce Hauk | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 1,391,132. Filing ↗machine: r9 · c24 · span 896132–896141 |
| 5 | Section 01, Willie Brown | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 1,080,110. Filing ↗machine: r15 · c24 · span 908795–908804 |
| 6 | Section 01, Ann Kelly | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Summary Compensation Table” · page 51. As printed: 1,075,205. Filing ↗machine: r8 · c24 · span 893579–893588 |
| 7 | Section 03, Willie Brown PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1046916–1046922 |
| 8 | Section 03, Bruce Hauk RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1011944–1011951 |
| 9 | Section 03, Bruce Hauk RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1020355–1020362 |
| 10 | Section 03, Ann Kelly RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1000444–1000450 |
| 11 | Section 03, Ann Kelly PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1003132–1003138 |
| 12 | Section 03, Eric Thornburg RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 960020–960027 |
| 13 | Section 03, Andrew Walters PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 977513–977520 |
| 14 | Section 03, Willie Brown RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1040550–1040557 |
| 15 | Section 03, Willie Brown PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1043476–1043482 |
| 16 | Section 03, Bruce Hauk PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1017659–1017666 |
| 17 | Section 03, Bruce Hauk PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1014638–1014644 |
| 18 | Section 03, Ann Kelly RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 991726–991732 |
| 19 | Section 03, Ann Kelly PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 994738–994744 |
| 20 | Section 03, Ann Kelly PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 997425–997431 |
| 21 | Section 03, Ann Kelly PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1006145–1006151 |
| 22 | Section 03, Andrew Walters RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 971672–971679 |
| 23 | Section 03, Andrew Walters PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 983225–983232 |
| 24 | Section 03, Eric Thornburg PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 962716–962723 |
| 25 | Section 03, Andrew Walters RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 980209–980216 |
| 26 | Section 03, Kristen Johnson RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1026564–1026571 |
| 27 | Section 03, Eric Thornburg PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 965735–965742 |
| 28 | Section 03, Kristen Johnson PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1029646–1029652 |
| 29 | Section 03, Andrew Walters PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 974431–974438 |
| 30 | Section 03, Andrew Walters PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 985917–985924 |
| 31 | Section 03, Kristen Johnson PSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1032400–1032406 |
| 32 | Section 03, Kristen Johnson RSU | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1035580–1035587 |
| 33 | Section 07, pay ratio | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “CEO Pay Ratio”. As printed: 21 : 1. Filing ↗ |
| 34 | Section 08, Gregory P. Landis | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 251,418. Filing ↗machine: span 487259–487631 |
| 35 | Section 08, Daniel B. More | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 243,918. Filing ↗machine: span 489033–489405 |
| 36 | Section 08, Carol P. Wallace | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 226,418. Filing ↗machine: span 490809–491181 |
| 37 | Section 08, Heather Hunt | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 218,918. Filing ↗machine: span 481929–482301 |
| 38 | Section 08, Mary Ann Hanley | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 216,418. Filing ↗machine: span 480157–480529 |
| 39 | Section 08, Rebecca A. Klein | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 213,918. Filing ↗machine: span 483705–484077 |
| 40 | Section 08, Denise L. Kruger | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 211,418. Filing ↗machine: span 485482–485854 |
| 41 | Section 08, Carl Guardino | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 206,418. Filing ↗machine: span 478382–478754 |
| 42 | Section 08, Eric W. Thornburg | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: 112,500. Filing ↗machine: span 491919–492046 |
| 43 | Section 08, Nick O. Rowe | DEF 14A | 2026-04-03 | 0001628280-26-023458 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 44 | Section 06, 2026 vote | Form 8-K | 2026-05-19 | 0001628280-26-036086 | Item 5.07 · say-on-pay result. As reported: 97.43% (votes for as printed: 34,474,021). Filing ↗ |
| 45 | Section 06, 2025 vote | Form 8-K | 2025-05-20 | 0000766829-25-000054 | Item 5.07 · say-on-pay result. As reported: 94.61% (votes for as printed: 26,970,198). Filing ↗ |
| 46 | Section 06, 2024 vote | Form 8-K | 2024-06-21 | 0000766829-24-000062 | Item 5.07 · say-on-pay result. As reported: 84.67% (votes for as printed: 22,256,090). Filing ↗ |
| 47 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 48 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 49 | Section 09b board cost (computed) | Computed | — | — | Cash 1,050,000 + equity 851,344 + all other 0 = 1,901,344, summed across the director compensation table rows.machine: formula: Σ = 1,901,344 |
| 50 | Consolidated Edison, Inc., Section 10b CEO total | DEF 14A | 2026-04-08 | 0001047862-26-000078 | CEO total compensation as printed in Consolidated Edison, Inc.'s own proxy. As printed: 19,899,971. Filing ↗machine: r4 · c24 · span 1434489–1434499 |
| 51 | Exelon Corporation, Section 10b CEO total | DEF 14A | 2026-03-18 | 0001109357-26-000040 | CEO total compensation as printed in Exelon Corporation's own proxy. As printed: 15,601,905. Filing ↗machine: r2 · c24 · span 1118853–1118863 |
| 52 | NiSource Inc., Section 10b CEO total | DEF 14A | 2026-03-30 | 0001140361-26-011851 | CEO total compensation as printed in NiSource Inc.'s own proxy. As printed: 13,197,800. Filing ↗machine: t253 · r2 · c22 · span 1412582–1412592 |
| 53 | Southwest Gas Holdings, Inc., Section 10b CEO total | DEF 14A | 2026-03-23 | 0001692115-26-000080 | CEO total compensation as printed in Southwest Gas Holdings, Inc.'s own proxy. As printed: 10,029,409. Filing ↗machine: r2 · c24 · span 1094860–1094870 |
| 54 | Alliant Energy Corporation, Section 10b CEO total | DEF 14A | 2026-03-31 | 0000352541-26-000025 | CEO total compensation as printed in Alliant Energy Corporation's own proxy. As printed: 8,999,073. Filing ↗machine: r2 · c27 · span 489074–489084 |
| 55 | DTE Energy Company, Section 10b CEO total | DEF 14A | 2026-03-12 | 0000936340-26-000062 | CEO total compensation as printed in DTE Energy Company's own proxy. As printed: 6,732,386. Filing ↗machine: t121 · r3 · c12 · span 1045987–1045996 |
| 56 | H2O America (subject), Section 10b CEO total | DEF 14A | 2026-04-03 | 0001628280-26-023458 | CEO total compensation as printed in H2O America's own proxy. As printed: 2,872,942. Filing ↗machine: r5 · c24 · span 887265–887274 |
| 57 | Section 10a, Southwest Gas Holdings, Inc. reciprocity | DEF 14A | — | 0001692115-26-000080 | Southwest Gas Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |
| 58 | Section 10a, Alliant Energy Corporation reciprocity | DEF 14A | — | 0000352541-26-000025 | Alliant Energy Corporation's most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |
| 59 | Section 10a, Consolidated Edison, Inc. reciprocity | DEF 14A | — | 0001047862-26-000078 | Consolidated Edison, Inc.'s most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |
| 60 | Section 10a, Exelon Corporation reciprocity | DEF 14A | — | 0001109357-26-000040 | Exelon Corporation's most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |
| 61 | Section 10a, DTE Energy Company reciprocity | DEF 14A | — | 0000936340-26-000062 | DTE Energy Company's most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |
| 62 | Section 10a, NiSource Inc. reciprocity | DEF 14A | — | 0001140361-26-011851 | NiSource Inc.'s most recent proxy was read; its disclosed peer group does not include H2O America. Filing ↗ |