Form 4: California Water Service Group: Executive Shannon C. Dean Reports Stock Transactions

Shannon C. Dean, SR. VP, Cust Svc & Chief Sust. of California Water Service Group, reports the disposition of 56 shares to cover tax obligations and holdings of 22,436 shares as of March 7, 2025.

Summary

• On March 7, 2025, Shannon C. Dean, a Senior VP at California Water Service Group, reported a transaction involving the company's common stock.
• 56 shares were disposed of to satisfy tax withholding obligations related to a Restricted Stock Award (RSA).
• The price per share for the transaction was $47.9.
• Following the transaction, Dean directly owns 22,436 shares of California Water Service Group common stock, which includes shares acquired through the Employee Stock Purchase Program.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to tax obligations, and the executive maintains a significant holding in the company.

Positives

• The reporting person continues to hold a significant number of shares (22,436), indicating continued investment in the company's success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a senior executive at California Water Service Group.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares for tax purposes.

Key Dates