This is a routine insider sale tied to option exercise, not a signal of deteriorating fundamentals. Monitor subsequent Form 4 filings to confirm execution; no immediate trading action warranted.
Price Chart
Executive Summary
Director and Officer Alexander J. Buehler filed a Form 144 notice of intent to sell 14,900 shares of Energy Recovery common stock, valued at approximately $131,556, in connection with a stock option exercise. The sale is routine and represents a small fraction of the company's $429M market cap.
Key Facts
- Insider Alexander J. Buehler (Officer/Director) filed Form 144 on June 15, 2026
- Proposed sale of 14,900 shares of common stock
- Estimated market value of $131,555.62 based on filing date
- Sale is related to a stock option exercise (issuer transaction)
- Broker: Fidelity Brokerage Services LLC
Financial Impact
Insider sale of $131,556, representing ~0.03% of market cap
Risk Factors
- Insider could sell additional shares in the future without further notice
- Stock has underperformed historically, but this filing alone does not indicate new negative information
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004678 |
| Document: 0001959173-26-004678-index.html | 0001959173-26-004678 |
| Document: 0001959173-26-004678.txt | 0001959173-26-004678 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | SC 13G/A | $6.79 | awaiting T+20 | — | $6.79 (−0.00%) |
Jun 15, 2026 19w ago | 144 | $8.58 $8.66 | ▲ +0.93% | ▲ +0.73% | $6.79 (−20.86%) |
Mar 4, 2026 34w ago | Insider Cluster | $10.72 $10.22 | ▼ −4.66% | ▼ −0.25% | $6.79 (−36.66%) |
Feb 25, 2026 34w ago | 8-K | $10.43 $9.94 | ▼ −4.70% | ▲ +1.72% | $6.79 (−34.90%) |
US Market Status
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