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 shares to cover tax withholding obligations related to a Restricted Stock Award.
Summary
- On March 5, 2025, Greg A. Milleman, VP of Rates and Regulatory Affairs at California Water Service Group, engaged in a transaction involving the company's common stock.
- Milleman disposed of 291 shares at a price of $46.65 per share to satisfy tax withholding obligations related to a Restricted Stock Award (RSA).
- Following the transaction, Milleman directly owns 11,399.75 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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