Form 4: California Water Service Group Executive Reports Routine Stock Disposition for Tax Withholding
Insider Transaction Report
Elissa Y. Ouyang, Chief Procurement & Lead CI at California Water Service Group, reported the disposition of 52 shares of common stock to satisfy tax withholding obligations related to a restricted stock award.
Summary
- Elissa Y. Ouyang, Chief Procurement & Lead CI of California Water Service Group (CWT), reported a transaction on June 7, 2025.
- The transaction involved the disposition of 52 shares of Common Stock.
- The shares were disposed of 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 #688.
- Following this transaction, Ms. Ouyang beneficially owns 13,370.04 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment and does not indicate any significant positive or negative developments for the company or the insider.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically related to executive compensation and tax obligations. It does not provide broader insights into industry trends or competitive landscape within the water utility sector.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a small, routine transaction for tax purposes and does not reflect a change in investment sentiment by the insider.
Key Dates
| Date | Description |
|---|---|
| 06/07/2025 | Date of transaction where 52 shares were disposed of for tax withholding. |
| 06/10/2025 | Date the Form 4 was signed by Michelle R. Mortensen on behalf of Elissa Y. Ouyang. |
Keywords
California Water Service Group, CWT, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Award, Executive Compensation, Elissa Y. Ouyang
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