4/A: California Water Service Group Executive Amends Filing to Correct Stock Grant
SEC Filing Amendment
Ronald D. Webb, VP of Human Resources at California Water Service Group, amends a previous Form 4 filing to remove 1,616 shares of common stock that were initially reported due to a restricted stock grant that was not ultimately executed.
Summary
- Ronald D. Webb, VP of Human Resources at California Water Service Group, filed an amendment to a previous Form 4.
- The amendment corrects an error in the original filing related to a restricted stock grant.
- The original Form 4 reported 1,616 shares of common stock that were to be granted, but the grant was ultimately not effected.
- The amended filing removes these 1,616 shares from the reported holdings, resulting in a revised beneficial ownership of 24,433.24 shares.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. The sentiment is neutral as it addresses an error without implying any significant positive or negative impact.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction |
| 03/07/2024 | Date of original Form 4 filed |
| 03/18/2024 | Date of amendment filing |
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