Form 4: SJW Group Executive Craig J. Patla Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Craig J. Patla, President of CTWS and officer of SJW Group, reports changes in beneficial ownership of SJW Group stock, including transactions involving common stock and deferred stock units.
Summary
- On March 1, 2024, Craig J. Patla, President of CTWS and an officer of SJW Group, reported changes in his beneficial ownership of SJW Group securities.
- The reported holdings include common stock, restricted stock units (RSUs), and deferred stock units (DSUs).
- Patla directly owns 4,700 shares, which includes 2,019 shares of common stock and 2,681 shares subject to RSUs that will vest over time.
- He also holds 3,774 DSUs, which are vested and will be settled according to his prior elections.
- Additionally, 27 shares were granted subject to DSUs pursuant to dividend equivalent rights (DERs) accrued on outstanding DSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, and it doesn't necessarily reflect any specific industry trends or competitive pressures.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive ownership and compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction reported. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.