Form 4: SJW Group Executive Bruce Hauk Reports Stock Transaction
SEC Form 4 Filing
Chief Operating Officer of SJW Group, Bruce Hauk, reports the withholding of 151 common stock shares to cover taxes related to previously granted restricted stock units.
Summary
- On January 3, 2025, Bruce Hauk, Chief Operating Officer of SJW Group, had 151 shares of common stock withheld by the issuer to cover withholding taxes.
- This action relates to shares that became issuable on the same date under a Restricted Stock Unit Issuance Agreement from January 3, 2023.
- The issuance of these shares was previously reported when the RSUs were granted.
- Following the transaction, Hauk beneficially owns 10,605 shares, including 3,980 shares of common stock and 6,625 shares underlying RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to tax obligations on executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Date of Restricted Stock Unit Issuance Agreement between Bruce Hauk and SJW Group. |
| 01/03/2025 | Date of common stock withholding for tax purposes and shares becoming issuable under RSU agreement. |
| 01/07/2025 | Date of Form 4 filing. |
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