Form 4: California Water Service Group Executive Elissa Y Ouyang Reports Stock Transaction

Elissa Y Ouyang, Chief Procurement & Lead CI of California Water Service Group, reports a transaction involving common stock to cover tax obligations.

Summary

• On June 7, 2024, Elissa Y Ouyang, Chief Procurement & Lead CI of California Water Service Group, reported a transaction involving the company's common stock.
• The transaction involved the withholding and surrender of 52 shares to the issuer to satisfy tax withholding obligations related to the vesting of Restricted Stock Award #688.
• The price per share for the transaction was $47.59.
• Following the transaction, Ouyang beneficially owns 11,500.71 shares of California Water Service Group common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a standard process of covering tax obligations related to stock awards, which is common among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is a routine process for covering tax obligations.

Key Dates