American Water Works shareholders approved director elections, executive compensation plans, auditor ratification, and charter amendment at the 2026 Annual Meeting, while Kentucky American Water filed for $17.7M rate increase.
Key takeaways
Shareholders elected 10 directors at 2026 Annual Meeting with 91.1% quorum.
Approved Amended 2017 Omnibus Equity Compensation Plan effective January 1, 2027.
Approved Amended ESPP effective February 5, 2027, offering 15% stock discount to employees.
Amended Restated Certificate of Incorporation for officer exculpation effective May 14, 2026.
Kentucky American Water filed KPSC rate request for $17.7M annualized revenue increase.
Rate case based on 10.75% ROE, $108M capex 2027, interim rates December 16, 2026.