Company: AWK
Filing Date: 2025-08-06
Form Type: 8-K
Source: 0001193125-25-174298
Chunk: 2

Company: American Water Works Company, Inc.
Filing Date: 2025-08-06
Form: 8-K
Item: Item 1.01
Chunk 2
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, it or its affiliate is unable to borrow a number of shares of Common Stock equal to the number of shares to be delivered by American

Water upon physical settlement of such Forward Sale Agreement or such Forward Purchaser or its affiliate is unable to borrow such number of shares at a rate equal to or less than an agreed maximum stock loan rate; (ii) American Water declares any dividend or distribution on shares of Common Stock payable in (a) cash in excess of a specified amount (other than an extraordinary dividend), (b) securities of another company, or (c) any other type of securities (other than Common Stock), rights, warrants or other assets for payment (cash or other consideration) at less than the prevailing market price, as reasonably determined by such Forward Purchaser; (iii) certain ownership thresholds applicable to such Forward Purchaser are exceeded; (iv) an event is announced that, if consummated, would result in an extraordinary event (as defined in such Forward Sale Agreement) including, among other things, certain mergers and tender offers, as well as certain events such as a delisting of the Common Stock (each as more fully described in the Forward Sale Agreements); or (v) certain other events of default or termination events occur, including, among other things, any material misrepresentation made by American Water in connection with American Water’s entry into such Forward Sale Agreement, American Water’s bankruptcy (except in certain circumstances described in the Forward Sale Agreements) or certain changes in law (each as more fully described in the Forward Sale Agreements).

The foregoing description of the Forward Sale Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of each such Forward Sale Agreement, which has been filed asExhibit 10.1, Exhibit 10.2, andExhibit 10.3hereto, respectively, and each of which is incorporated by reference herein in response to this Item 1.01.

  Item 8.01.      Other Events.  

In connection with the Forward Sale Agreements described in response to Item 1.01 above, and the public offering of the Shares (as defined below), on August 4, 2025, American Water entered into an underwriting agreement (the “ Underwriting Agreement”) with Wells Fargo Securities, LLC, J. P. Morgan Securities LLC and Mizuho Securities USA LLC, as the representatives of the underwriters named therein (the “ Underwriters”), Wells Fargo Securities, LLC, J.