Form 4: SJW Group Executive Kristen A. Johnson Reports Changes in Beneficial Ownership

Chief Administrative Officer Kristen A. Johnson reports changes in beneficial ownership of SJW Group stock, including acquisitions of deferred stock units (DSUs) and holdings of common stock and restricted stock units (RSUs).

Summary

• On June 3, 2024, Kristen A. Johnson, Chief Administrative Officer of SJW Group, reported changes in her beneficial ownership of the company's stock.
• The report details the acquisition of 125 shares subject to deferred stock units (DSUs) due to dividend equivalent rights (DERs) accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of SJW Group.
• Johnson directly owns 8,186 shares of common stock, which includes 5,104 shares of common stock and 3,082 shares subject to restricted stock units (RSUs) that will vest over time.
• She also holds 17,051 shares subject to deferred stock units (DSUs) that are vested and will be settled according to her prior election.
• Each RSU and DSU entitles Johnson to one share of common stock upon settlement.

Sentiment

Score: 5

Explanation: This is a neutral report on stock ownership changes, with no inherent positive or negative implications.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• It assures stakeholders that executives' interests are aligned with shareholders through stock ownership.

Key Dates