Form 4: California Water Service Group Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Greg A. Milleman, VP of Rates and Regulatory Affairs at California Water Service Group, sold 51 shares of common stock on September 9, 2024, to cover tax obligations related to vesting of restricted stock.
Summary
- On September 9, 2024, Greg A. Milleman, VP of Rates and Regulatory Affairs at California Water Service Group, disposed of 51 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of Restricted Stock Award #686.
- The shares were sold at a price of $54.28 per share.
- Following the transaction, Milleman beneficially owns 8,978.75 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate positive or negative sentiment, so a neutral score is appropriate.
Industry Context
Insider transactions are a normal part of executive compensation. This transaction appears to be a routine sale to cover tax obligations related to stock vesting, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of the transaction where 51 shares of common stock were disposed of. |
| 09/10/2024 | Date of signature for the 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.