Form 4: California Water Service Group Executive Disposes of Shares for Tax Obligations
Insider Transaction Report
Sophie Marwieh James, VP of Water Quality/Environmental Affairs at California Water Service Group, disposed of 24 shares of common stock to cover tax withholding obligations related to a restricted stock award.
Summary
- Sophie Marwieh James, VP, Water Quality/Environmental Affairs at California Water Service Group (CWT), reported a transaction on June 7, 2025.
- The transaction involved the disposition of 24 shares of Common Stock at a price of $45.62 per share.
- This disposition was made to satisfy tax withholding obligations arising from the vesting of Restricted Stock Award #693.
- Following this transaction, Ms. James beneficially owns 6,350.6 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The filing is a routine Form 4 reporting a disposition of shares for tax withholding purposes, which is a neutral event and does not reflect positively or negatively on the company's operations or financial health.
Future Outlook
This Form 4 filing is a compliance document reporting an 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 an individual executive's compensation and does not provide information relevant to broader industry trends or competitive landscape within the water utility sector.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, tax-related transaction by an executive and does not signal any change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 06/07/2025 | Date of earliest transaction (disposition of shares for tax withholding). |
| 06/10/2025 | Signature date of the reporting person on the Form 4 filing. |
Keywords
California Water Service Group, CWT, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Award, Tax Withholding, Sophie Marwieh James
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