Form 4: California Water Service Group: Officer Scanlon Reports Share Transactions

Thomas A. Scanlon, Controller & Principal Accounting Officer of California Water Service Group, reports the acquisition and disposal of company shares to cover tax obligations and through the Employee Stock Purchase Program.

Summary

• On March 7, 2025, Thomas A. Scanlon, Controller & Principal Accounting Officer of California Water Service Group, reported transactions involving the company's common stock.
• Scanlon disposed of 26 shares at a price of $47.9 to satisfy tax withholding obligations related to a Restricted Stock Award (RSA).
• Following the reported transactions, Scanlon beneficially owns 4,059.31 shares, which includes shares acquired through the Employee Stock Purchase Program.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The reporting person participates in the Employee Stock Purchase Program, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge management's sentiment and alignment with shareholder interests. These filings are a routine part of regulatory compliance for publicly traded companies.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they are related to routine compensation and tax obligations.

Key Dates