Form 4: California Water Service Group VP Reports Stock Transactions

Greg A Milleman, VP of Rates and Regulatory Affairs at California Water Service Group, reports the withholding of shares to cover tax obligations and shares acquired through the Employee Stock Purchase Program.

Summary

• Greg A Milleman, a VP at California Water Service Group, filed a Form 4.
• On March 7, 2025, 56 shares of common stock were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock.
• The price per share for the tax withholding was $47.9.
• Milleman also acquired shares through the Employee Stock Purchase Program.
• Following the reported transactions, Milleman beneficially owns 11,460.06 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• Milleman participates in the Employee Stock Purchase Program, indicating confidence in the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. It is typical for executives to dispose of shares to cover tax obligations related to vesting equity awards.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and employee stock purchase programs.

Key Dates