California Water Service Group (NYSE: CWT) director gets 2,816-share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Water Service Group director Jeffrey Kightlinger acquired 2,816 shares of restricted common stock as an equity award. The grant was made on March 3, 2026 under the company’s equity incentive plan at no cash cost per share and is exempt under Rule 16b-3.
The restricted stock vests on a one-year cliff schedule, with 100% vesting on the first anniversary of the grant date. Following this grant and prior dividend reinvestment activity, Kightlinger now directly holds 8,354.7 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kightlinger Jeffrey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,354.7 shares (Direct)
Footnotes (1)
- Restricted stock granted on 3/3/2026 pursuant to the California Water Service Group equity incentive plan in a transaction exempt under Rule 16-b-3 vests with a one-year cliff vesting term, vesting 100% on the first anniversary of the grant date. Includes shares acquired through Dividend Reinvestment.
FAQ
What did California Water Service Group (CWT) director Jeffrey Kightlinger report on this Form 4?
Jeffrey Kightlinger reported receiving an award of 2,816 shares of restricted common stock. The grant came under California Water Service Group’s equity incentive plan and involved no cash purchase, reflecting stock-based compensation rather than an open-market transaction.
Is the Form 4 transaction for Jeffrey Kightlinger classified as a buy or an award of CWT stock?
The transaction is classified as a grant, award, or other acquisition, coded “A” on Form 4. It reflects an equity award under the California Water Service Group incentive plan, not an open-market buy or sell transaction by director Jeffrey Kightlinger.