Form 4: California Water Service Group Director Acquires Shares
SEC Form 4 Filing
Gregory E. Aliff, a director of California Water Service Group, acquired 2,488 shares of common stock at $49.62 per share on June 5, 2024.
Summary
- On June 5, 2024, Gregory E. Aliff, a director of California Water Service Group, acquired 2,488 shares of common stock.
- The acquisition price was $49.62 per share.
- These shares were granted as restricted stock under the company's equity incentive plan and will vest on March 5, 2025.
- Following the transaction, Aliff directly owns 20,227.49 shares of California Water Service Group, which includes shares acquired through dividend reinvestment transactions.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a positive sign, but it's a relatively small transaction.
Positives
- The director's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Director purchases are generally viewed more favorably than sales.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Director acquired shares of common stock. |
| 03/05/2025 | Vesting date for the restricted stock. |
| 06/06/2024 | Date of Form 4 filing. |
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