Form 4: SJW Group Executive Kristen A. Johnson Reports Stock Transactions

Chief Administrative Officer of SJW Group, Kristen A. Johnson, reports acquisition of common stock and derivative securities, including restricted stock units and deferred stock units.

Summary

• Kristen A. Johnson, Chief Administrative Officer of SJW Group, reported transactions involving the company's stock.
• The transactions include the acquisition of 124 shares of common stock through dividend equivalent rights on deferred stock units.
• Johnson also holds 5,104 shares of common stock and 3,082 shares subject to restricted stock units that vest over time.
• Additionally, she holds 17,291 vested deferred stock units that will be settled according to a prior election.

Sentiment

Score: 7

Explanation: The document is a routine filing of stock transactions by an executive, which is neither positive nor negative, but expected. The sentiment is neutral to slightly positive as it shows the executive's stake in the company.

Industry Context

This is a routine filing related to executive compensation and stock ownership, which is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock ownership and compensation packages, including restricted stock units and deferred stock units, are standard practice in publicly traded companies like SJW Group.
• Companies such as American Water Works (AWK) and Essential Utilities (WTRG) also use similar equity-based compensation for their executives.
• The vesting schedules and dividend equivalent rights are typical features of these compensation plans.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

SJW Group, stock transactions, Form 4, insider trading, restricted stock units, deferred stock units, dividend equivalent rights, executive compensation