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 disposal of shares to cover tax obligations related to vesting restricted stock.
Summary
- On September 3, 2024, Ronald D. Webb, VP of Human Resources at California Water Service Group, reported a transaction involving the company's common stock.
- Webb disposed of 51 shares at a price of $55.33 per share to satisfy tax withholding obligations related to the vesting of Restricted Stock Award #649.
- Following the transaction, Webb beneficially owns 25,936.08 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, 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 process of covering tax obligations related to stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock transaction and filing date. |
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