Form 4: SJW Group Officer Craig J. Patla Reports Stock Transactions
SEC Form 4
Craig J. Patla, President of CTWS at SJW Group, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On January 2, 2025, Craig J. Patla, President of CTWS at SJW Group, reported transactions involving SJW Group's common stock.
- Patla acquired 2,259 shares of common stock underlying restricted stock units (RSUs) at $0.
- He also disposed of 198 shares of common stock at $48.7 to cover withholding taxes related to the vesting of RSUs.
- Following these transactions, Patla beneficially owns 5,361 shares of common stock directly and 4,406 shares underlying RSUs.
- Additionally, Patla holds 3,855 shares subject to deferred stock units (DSUs) granted pursuant to dividend equivalent rights (DERs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation and tax-related activities.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for officers of publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/02/2024 | Date of Restricted Stock Unit Issuance Agreement between the reporting person and the issuer. |
| 01/02/2025 | Date of stock transactions: acquisition of RSUs and disposal of shares for tax withholding. |
| 01/06/2025 | Date of signature for 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.