California Water Service Group (CWT) officer reports tax share withholding in Form 4
Rhea-AI Filing Summary
California Water Service Group executive reports routine share withholding for taxes. Senior Vice President, Customer Service & Chief Sustainability Officer Shannon C. Dean filed a Form 4 showing two small transactions in company common stock. On December 5, 2025, 73 shares were withheld and surrendered to the company at $44.88 per share to cover tax obligations from the vesting of a Restricted Stock Award granted on June 5, 2024. On December 7, 2025, an additional 57 shares were withheld at $44.88 per share tied to a Restricted Stock Award granted on March 7, 2023. After these transactions, Dean directly beneficially owns 22,166.246 shares of common stock, which includes shares acquired through the Employee Stock Purchase Program.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did CWT report in this Form 4?
The filing reports that executive Shannon C. Dean had small amounts of California Water Service Group (CWT) common stock withheld and surrendered to the company to cover tax obligations triggered by vesting Restricted Stock Awards.
How many CWT shares were withheld for taxes in this filing?
The report shows 73 shares of common stock withheld on December 5, 2025 and 57 shares withheld on December 7, 2025, all at a price of $44.88 per share.
What is Shannon C. Dean’s role at California Water Service Group (CWT)?
Shannon C. Dean is an officer of California Water Service Group, serving as Senior Vice President, Customer Service & Chief Sustainability, as indicated in the filing.
How many CWT shares does the reporting person own after these transactions?
Following the reported tax-withholding transactions, Shannon C. Dean directly beneficially owns 22,166.246 shares of California Water Service Group common stock.
Do the reported CWT holdings include shares from an employee stock purchase plan?
Yes. The filing notes that the beneficially owned total includes shares acquired through the company’s Employee Stock Purchase Program.
What is the reason for the share withholding reported for CWT?
The shares were withheld and surrendered to California Water Service Group to satisfy tax withholding obligations arising from the vesting of Restricted Stock (RSA) awards granted on June 5, 2024 and March 7, 2023.