Form 4: California Water Service Group VP Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kenneth G. Jenkins, VP of Water Resources Planning & Sustainability at California Water Service Group, disposed of 33 shares to cover tax obligations related to a restricted stock award.
Summary
- Kenneth G. Jenkins, VP of Water Resources Planning & Sustainability at California Water Service Group, filed a Form 4 indicating a change in beneficial ownership.
- On March 7, 2025, Mr. Jenkins disposed of 33 shares of common stock at a price of $47.9 to satisfy tax withholding obligations related to a Restricted Stock Award (RSA).
- Following the transaction, Mr. Jenkins beneficially owns 3,955 shares of California Water Service Group common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is a common occurrence where shares are withheld to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal transaction. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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