California Water Service (CWT) director Shelly Esque granted 2,816 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Water Service Group director Shelly Marian Esque received a grant of 2,816 shares of restricted common stock on March 3, 2026. The award was granted at no cash cost under the company’s equity incentive plan and will vest 100% on the first anniversary of the grant date.
After this grant, Esque directly holds 18,331 common shares, which the footnotes state include shares previously acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esque Shelly Marian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,331 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) disclose about Shelly Marian Esque’s latest equity award?
California Water Service Group reported that director Shelly Marian Esque received a grant of 2,816 restricted common shares on March 3, 2026. The shares were issued under the company’s equity incentive plan at no cash cost as a compensatory stock award.
What are the vesting terms of Shelly Marian Esque’s new restricted stock in California Water Service Group (CWT)?
The restricted stock granted to Shelly Marian Esque vests using a one-year cliff schedule, with 100% of the 2,816 shares vesting on the first anniversary of the March 3, 2026 grant date. No partial vesting occurs before that one-year mark.
Was Shelly Marian Esque’s California Water Service Group (CWT) stock grant a market purchase or a compensatory award?
The transaction was a compensatory stock award, not a market purchase. The Form 4 identifies the code as “A” for grant, award, or other acquisition, and shows a price of $0.0000 per share, reflecting no cash paid for the shares.
Under what plan was Shelly Marian Esque’s restricted stock from California Water Service Group (CWT) granted?
The restricted shares were granted under the California Water Service Group equity incentive plan. The filing notes the grant was made in a transaction exempt under Rule 16b-3, which commonly governs insider equity compensation arrangements approved by a company’s board or compensation committee.