Form 4: California Water Service Group Director Sells Shares

Director Thomas M. Krummel sold 2,220 shares of California Water Service Group (CWT) at an average price of $50.00 per share on May 1, 2024.

Summary

• On May 1, 2024, Thomas M. Krummel, a director of California Water Service Group, sold 2,220 shares of common stock.
• The sale was executed at a weighted average price of $50.00 per share, with individual transactions ranging from $50.00 to $50.0150.
• Following the transaction, Krummel directly owns 23,873 shares of California Water Service Group.
• The transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Insider transactions are routinely monitored by investors as they can provide signals, though not always definitive, about a company's prospects. A sale of this size by a director is a notable event for California Water Service Group shareholders.

Stakeholder Impact

• Shareholders may react to the news of the director's stock sale, potentially influencing the stock price.

Key Dates