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ERII - Energy Recovery, Inc.

Insider Sale by Hanstveit Arve (Dir)

1 Month
After Trade
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Trade Summary

1 week ago, Hanstveit Arve, serving as Dir at Energy Recovery, Inc. (ERII), sold 165,292 shares at $10.14 per share, for a total transaction value of $1,676,061.00. Following this transaction, Hanstveit Arve now holds 504,928 shares of ERII.

This sale represents a 25.00% decrease in Hanstveit Arve's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, April 2, 2026 and publicly disclosed via SEC Form 4 filing on Monday, April 6, 2026, 4 days after the trade was made.

Energy Recovery, Inc. operates in the INDUSTRIALS sector, specifically within the POLLUTION & TREATMENT CONTROLS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Hanstveit Arve

Dir

Arve Hanstveit is an Independent Director on the Board of Energy Recovery, Inc. (ERII), a position he has held since August 1995, and he has also been an early investor in the company.[[1]](https://www.marketscreener.com/insider/ARVE-HANSTVEIT-A0K8RE/)[[2]](https://theorg.com/org/energy-recovery/org-chart/arve-hanstveit)[[3]](https://energyrecovery.com/leadership/) He currently serves as Chief Financial Officer at Foldstar, Inc., Director at the Norwegian-American Chamber of Commerce, Inc. since 2011, and was appointed Lead Independent Director at Energy Recovery.[[1]](https://www.marketscreener.com/insider/ARVE-HANSTVEIT-A0K8RE/)[[3]](https://energyrecovery.com/leadership/)[[5]](https://energyrecovery.com/news/energy-recovery-announces-leadership-transition-2/) Hanstveit brings decades of experience in investment and finance, including roles as Vice President and Partner at ABG Sundal Collier Real Estate from 1993 to 2010, where he advised U.S. institutional investors on Nordic equities, Portfolio Manager at TIAA-CREF LLC, and Director at Kezzler AS from 2007 to 2010.[[1]](https://www.marketscreener.com/insider/ARVE-HANSTVEIT-A0K8RE/)[[3]](https://energyrecovery.com/leadership/) He holds an undergraduate degree in business and accounting from BI Norwegian Business School (1980) and a graduate degree in finance and marketing from the University of Wisconsin, Madison (1984).[[1]](https://www.marketscreener.com/insider/ARVE-HANSTVEIT-A0K8RE/)[[3]](https://energyrecovery.com/leadership/) As of early 2026, Hanstveit recently sold shares of ERII stock valued at approximately $534,000 and holds around 575,220 shares worth over $9 million.[[4]](https://www.gurufocus.com/insider/44457/arve-hanstveit)[[6]](https://www.investing.com/news/insider-trading-news/energy-recovery-director-hanstveit-sells-534k-in-stock-93CH-4550763)

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Trade Price

$10.14

Quantity

165,292

Total Value

$1,676,061.00

Shares Owned

504,928

Trade Date

Thursday, April 2, 2026

7 days ago

SEC Filing Date

Monday, April 6, 2026

Filed 4 days after trade

INDUSTRIALSPOLLUTION & TREATMENT CONTROLS

About Energy Recovery, Inc.

Company Overview

No company information available
View news mentioning ERII

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