Form 4: California Water Service Group Executive James Patrick Lynch Reports Changes in Beneficial Ownership

James Patrick Lynch, Sr. VP, CFO & Treasurer of California Water Service Group, reports acquisition of restricted stock and disposition of shares to cover tax obligations.

Summary

• On March 4, 2025, James Patrick Lynch acquired 1,653 shares of common stock as restricted stock granted under the California Water Service Group equity incentive plan.
• These shares vest one-third on March 4, 2026, and the remaining two-thirds vest quarterly over the subsequent 24 months.
• On March 5, 2025, 221 shares of common stock were disposed of to satisfy tax withholding obligations related to the restricted stock award at a price of $56.65.
• Following these transactions, Lynch directly owns 3,737.85 shares of California Water Service Group common stock, which includes shares acquired through the Employee Stock Purchase Plan (ESPP) and dividend reinvestment transactions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• It assures stakeholders that insider transactions are being properly disclosed.

Key Dates