Mitchell John Joseph has filed an amended Form 4 to report a transaction involving 15,186 shares of Energy Recovery, Inc. This amendment comes as a correction to an administrative error in his previous filings. The filing emphasizes the importance of accurate reporting for directors and officers in the energy sector.
Energy Recovery, Inc. operates in the special industry machinery sector, focusing on innovative energy solutions. The company is incorporated in Delaware and has its business address in San Leandro, California. Mitchell John Joseph is listed as a director of the company.
The recent filing states, "Manual adjustment of securities owned due to administrative error." This indicates that the amendment was necessary to rectify the reporting of his share ownership.
This update may affect shareholders and potential investors in Energy Recovery, Inc., as it reinforces the commitment to transparency in ownership reporting. Accurate disclosures are vital for maintaining investor confidence and adhering to regulatory requirements.
The filing does not say what happens next.
Additional Context on the Filing
The amended Form 4 was filed on October 23, 2026, with a report period ending on July 9, 2026. This indicates that the transaction being reported occurred several months prior to the filing date, which is not uncommon for corrections related to administrative errors.
In the filing, it is noted that the transaction involved 15,186 shares of common stock, with a transaction code indicating an acquisition. The shares were acquired without a specified price per share, which is typical in cases where adjustments are made due to administrative errors.
Mitchell John Joseph is designated as a director of Energy Recovery, Inc., and the filing confirms that he does not hold any officer or ten percent owner status within the company. This distinction is important as it clarifies his role and responsibilities regarding securities transactions.
Furthermore, the filing includes a Power of Attorney granted to William Yeung, allowing him to act on behalf of Mitchell John Joseph for the purposes of filing necessary forms under Section 16 of the Securities Exchange Act of 1934. This indicates a structured approach to compliance with regulatory requirements.
The filing serves as a reminder of the importance of accurate reporting and the mechanisms in place to ensure compliance with securities regulations.
While the filing provides detailed information about the transaction and the reporting owner, it does not specify the total number of shares held by Mitchell John Joseph following this transaction or any potential future transactions he may undertake.