Form 4: California Water Service Group Executive Reports Stock Transaction
SEC Form 4 Filing
Sophie M. James, VP of Water Quality & Environmental Affairs at California Water Service Group, reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On March 7, 2024, Sophie M. James, VP of Water Quality & Environmental Affairs at California Water Service Group, reported a transaction.
- The transaction involved the disposal of 110 shares of common stock at a price of $46.24.
- These shares were withheld and surrendered to the issuer to satisfy tax withholding obligations related to the vesting of Restricted Stock Award #693.
- Following the transaction, James directly owns 4,168.43 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This particular transaction relates to tax obligations arising from vested stock awards, a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of an executive's stock holdings to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of the stock transaction (disposal of shares). |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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