Form 4: California Water Service Group Executive Reports Stock Transaction
SEC Form 4 Filing
Ronald D. Webb, VP of Human Resources at California Water Service Group, reports a transaction involving common stock to cover tax obligations.
Summary
- Ronald D. Webb, VP of Human Resources at California Water Service Group, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On March 5, 2025, 280 shares of common stock were disposed of to satisfy tax withholding obligations related to a Restricted Stock Award (RSA) at a price of $46.65 per share.
- Following the transaction, Webb directly owns 26,561.87 shares of California Water Service Group common stock.
- The filing also corrects an error in a previous Form 4 filed on March 5, 2025, removing 1,653 shares that were incorrectly reported due to a restricted stock grant that was not effected.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of a previous error is a positive sign of transparency.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the stock transaction and the date of the original Form 4 filing containing an error. |
| 03/06/2025 | Date of the amended Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.