Form 4: California Water Service Group: Officer Michael S. Mares Jr. Reports Stock Transaction
SEC Form 4 Filing
Vice President of Operations, Michael S. Mares Jr., reports a transaction involving California Water Service Group stock to cover tax obligations related to vesting of restricted stock.
Summary
- On September 9, 2024, Michael S. Mares Jr., Vice President of Operations at California Water Service Group, reported a transaction involving the company's common stock.
- The transaction involved the disposal of 44 shares at a price of $54.28 per share.
- This disposal was to satisfy tax withholding obligations related to the vesting of Restricted Stock Award #685.
- Following the transaction, Mares directly owns 9,032.72 shares of California Water Service Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations arising from vested restricted stock.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of stock transaction (disposal of shares). |
| 09/10/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.