Form 4: California Water Service Group Executive Reports Stock Transaction
SEC Form 4 Filing
Michelle R. Mortensen, VP, Corp Sec & Chief of Staff of California Water Service Group, reports disposition of shares to cover tax obligations related to a restricted stock award.
Summary
- On March 5, 2025, Michelle R. Mortensen, VP, Corp Sec & Chief of Staff of California Water Service Group, reported a transaction involving common stock.
- 319 shares were disposed of at a price of $46.65 to satisfy tax withholding obligations related to a Restricted Stock Award (RSA).
- Following the transaction, Mortensen directly owns 12,886.8 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction (disposal of shares). |
| 03/06/2025 | Date of signature on the report. |
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