Miller Susan P., Vice President at American States Water Company (AWR), has demonstrated a clear accumulation bias in her insider trading activity, with $177,158 in total buy value outweighing $102,756 in sales across 29 transactions. Her trading history shows consistent participation in company stock plans, with recent Form 4 filings revealing a notable acquisition of $85,421 worth of AWR shares on March 12, 2026, followed by multiple smaller transactions the next day totaling $55,598 through code F filings (likely option exercises). The pattern includes recurring quarterly acquisitions dating back to 2024, with purchases like $648.99 on June 3, 2025, and $706.83 on September 3, 2025, suggesting systematic participation in equity compensation programs. While most transactions represent acquisitions, the record includes occasional dispositions, such as a $4,724 sale on February 9, 2024, though these are substantially outweighed by her accumulation. The absence of any recent sales in 2026, coupled with the March 2026 buying activity, indicates a continued retention of AWR equity by the executive. All transactions center exclusively on American States Water, reflecting concentrated exposure to the utility company's stock through both direct purchases and likely equity award vesting events.
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