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 the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On September 9, 2024, Ronald D. Webb, VP of Human Resources at California Water Service Group, reported a transaction involving common stock.
- 50 shares were withheld to satisfy tax obligations related to the vesting of Restricted Stock Award #691.
- The price per share for the transaction was $54.28.
- Following the transaction, Webb beneficially owns 25,967.59 shares of common stock, including shares acquired through the Employee Stock Purchase Plan (ESPP).
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
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 tax withholding procedure related to vested stock awards, which is common across publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of stock transaction (shares withheld for tax obligations). |
| 09/10/2024 | Date of signature on the Form 4 filing. |
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