Form 4: California Water Service Group Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Michael S. Mares Jr., Vice President of Operations at California Water Service Group, sold shares to cover tax obligations related to the vesting of restricted stock.
Summary
- On September 3, 2024, Michael S. Mares Jr., Vice President of Operations at California Water Service Group, reported a transaction involving the company's common stock.
- Mares sold 44 shares at a price of $55.33 per share to satisfy tax withholding obligations related to the vesting of Restricted Stock Award #642.
- Following the transaction, Mares directly owns 9,076.72 shares of California Water Service Group common stock.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the transaction (stock sale) and filing of the Form 4. |
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