Form 4: CWT VP Jenkins Reports Tax-Related Stock Dispositions

Sentiment:

Insider Transaction Report 9 December 2025 4:26 PM

📋All filings for California Water Service Group

Kenneth G. Jenkins, VP Water Resources Planning & Sustainability at California Water Service Group, reported the disposition of 67 shares of common stock to cover tax withholding obligations related to vested restricted stock awards.

Summary

Kenneth G. Jenkins, VP Water Resources Planning & Sustainability for California Water Service Group (CWT), reported changes in beneficial ownership.
On December 5, 2025, 38 shares of Common Stock were disposed of at a price of $44.88 per share.
This disposition satisfied tax withholding obligations arising from the vesting of a Restricted Stock Award (RSA) granted on June 5, 2024.
Following this transaction, beneficial ownership stood at 3,785 shares of Common Stock.
On December 7, 2025, an additional 29 shares of Common Stock were disposed of at $44.88 per share.
This second disposition also satisfied tax withholding obligations related to the vesting of an RSA granted on March 7, 2023.
After both reported transactions, beneficial ownership of Common Stock is 3,756 shares.
All reported shares are directly owned.

Sentiment

Score: 5

Explanation: The filing reports routine dispositions of shares by an executive to satisfy tax withholding obligations upon the vesting of restricted stock awards, which is a neutral event and does not reflect discretionary selling or new company performance information.

Positives

The underlying event for the share dispositions is the vesting of Restricted Stock Awards, indicating the executive's continued equity compensation and retention by the company.

Future Outlook

Industry Context

Stakeholder Impact

Minimal impact on shareholders as the transactions are routine dispositions for tax withholding purposes related to executive equity compensation, not discretionary sales indicating a change in investment sentiment.

Key Dates

Date	Description
03/07/2023	Grant date of a Restricted Stock Award (RSA) which vested, leading to tax withholding.
06/05/2024	Grant date of a Restricted Stock Award (RSA) which vested, leading to tax withholding.
12/05/2025	Transaction date for the disposition of 38 shares to satisfy tax withholding obligations.
12/07/2025	Transaction date for the disposition of 29 shares to satisfy tax withholding obligations.
12/09/2025	Signature date of the reporting person for the Form 4 filing.

Recommendation

hold

The reported transactions are routine, non-discretionary dispositions of shares by an executive to satisfy tax withholding obligations upon the vesting of restricted stock awards. These events are standard in executive compensation and do not provide new information regarding the company's fundamental performance or the executive's investment conviction, thus warranting no change in investment recommendation.

Keywords

California Water Service Group, CWT, Kenneth G. Jenkins, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Award, Tax Withholding, Equity Compensation

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