Form 4: California Water Service Group CFO Disposes of Shares for Tax Obligations

Sentiment:

Insider Transaction Report


California Water Service Group's Senior VP, CFO & Treasurer, James Patrick Lynch, disposed of 47 shares of common stock to cover tax withholding obligations related to a Restricted Stock Award.

Summary

  • James Patrick Lynch, Senior VP, CFO & Treasurer of California Water Service Group (CWT), reported a transaction on June 5, 2025.
  • The transaction involved the disposal of 47 shares of Common Stock at a price of $45.85 per share.
  • This disposal was categorized as a 'F' transaction code, indicating shares withheld by the issuer to satisfy tax withholding obligations.
  • The shares were withheld in connection with a Restricted Stock Award (RSA).
  • Following this transaction, James Patrick Lynch beneficially owns 3,690.85 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine administrative event for tax purposes related to a Restricted Stock Award and does not indicate a change in sentiment towards the company or its prospects.

Future Outlook

This Form 4 filing is a report of a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report specific to California Water Service Group and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders: The transaction is a routine administrative event and is unlikely to have a significant direct impact on shareholders, as it represents a small, tax-related disposal of shares by an insider.

Key Dates

DateDescription
06/05/2025Date of transaction where shares were disposed of for tax withholding.
06/09/2025Date the Form 4 was signed by Michelle R. Mortensen on behalf of James P Lynch.

Recommendation

hold

Keywords

California Water Service Group, CWT, Form 4, Insider Transaction, James Patrick Lynch, Stock Disposal, Tax Withholding, Restricted Stock Award, Corporate Officer

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