Form 4: California Water Service Group Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Shannon C. Dean, a Senior VP at California Water Service Group, sold shares to cover tax obligations related to the vesting of a restricted stock award.
Summary
- On September 3, 2024, Shannon C. Dean, a Senior VP at California Water Service Group, disposed of 57 shares of common stock.
- The shares were sold at a price of $55.33 per share.
- This transaction was to cover tax withholding obligations related to the vesting of a Restricted Stock Award (RSA).
- Following the transaction, Dean directly owns 20,543.7 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Shannon C. Dean disposed of 57 shares to cover tax obligations. |
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