Form 4: SJW Group Executive Craig J. Patla Sells 1,400 Shares of Common Stock

Craig J. Patla, President of CTWS at SJW Group, sold 1,400 shares of common stock at an average price of $55.62 on May 7, 2024.

Summary

• On May 7, 2024, Craig J. Patla, President of CTWS at SJW Group, sold 1,400 shares of common stock.
• The shares were sold at an average price of $55.62 per share.
• Following the transaction, Patla directly owns 3,300 shares, including 619 shares of common stock and 2,681 shares subject to restricted stock units (RSUs).
• Patla also holds 3,774 shares subject to deferred stock units (DSUs) that are vested and will be settled according to a prior election.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, providing transparency to investors regarding the actions of company executives.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates