CWT executive shares withheld for tax on awards
CALIFORNIA WATER SERVICE GROUP senior vice president Michael B. Luu reported routine share withholdings to cover taxes on vested stock awards.
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Rhea-AI Filing Summary
CALIFORNIA WATER SERVICE GROUP senior vice president Michael B. Luu reported routine share withholdings to cover taxes on vested stock awards. On June 4 and 5, 2026, a total of 139 shares of common stock were withheld and surrendered to the company at prices around the mid-$40s per share to satisfy tax withholding obligations tied to Restricted Stock Awards granted in 2024 and 2025. After these non-market tax-withholding dispositions, Luu directly holds about 23,806.765 shares of common stock, which includes shares acquired through the Employee Stock Purchase Program.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 69 | $45.82 | $3K |
| Exercise Price or Tax Liability | Common Stock | 70 | $45.24 | $3K |
Footnotes (3)
- F1. Represents the number of shares withheld and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the vesting of Restricted Stock (RSA) Award granted on March 4,2025
- F2. Includes shares acquired through the Employee Stock Purchase Program (ESPP).
- F3. Represents the number of shares withheld and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the vesting of Restricted Stock (RSA) Award granted on June 5, 2024.
Key Figures
Key Terms
Restricted Stock (RSA) Award financial
Employee Stock Purchase Program (ESPP) financial
tax withholding obligations financial
withheld and surrendered to the issuer financial
FAQ
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What insider transaction did CWT executive Michael Luu report on this Form 4?
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