Form 4: California Water Service Group: Officer Luu Michael B Reports Stock Transaction
SEC Form 4 Filing
Michael B Luu, a Senior VP at California Water Service Group, reports the disposal of 54 shares to cover tax obligations related to vesting restricted stock.
Summary
- On June 1, 2024, Michael B Luu, a Senior VP at California Water Service Group, disposed of 54 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock.
- The transaction was executed at a price of $49.89 per share.
- Following the transaction, Luu directly owns 19,817.92 shares of California Water Service Group common stock, which includes shares acquired through the Employee Stock Purchase Plan (ESPP) and dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock transaction (disposal of shares). |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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