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

Kristen A. Johnson, Chief Administrative Officer of SJW Group, reports the acquisition of 1,587 shares and disposal of 506 shares of common stock on February 28, 2025, following the vesting of restricted stock units.

Summary

• On February 28, 2025, Kristen A. Johnson, Chief Administrative Officer of SJW Group, engaged in transactions involving the company's common stock.
• Johnson acquired 1,587 shares of common stock related to the vesting of 2022 Restricted Stock Units (RSUs).
• These RSUs vested based on the attainment of performance goals related to average return on equity (ROE) and relative total shareholder return (TSR) measured from January 1, 2022, to December 31, 2024, and continued service through December 31, 2024.
• 506 shares were disposed of to cover withholding taxes related to the vesting of these RSUs at a price of $52.67 per share.
• Following these transactions, Johnson directly owns 11,097 shares of SJW Group common stock.
• Johnson also holds 17,425 derivative securities, including 134 shares subject to deferred stock units (DSUs) granted due to dividend equivalent rights (DERs).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock; this provides transparency to the market.

Key Dates