STOCK TITAN

California Water Service Group (CWT) director receives 2,816-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MORRIS SCOTT L reported acquisition or exercise transactions in this Form 4 filing.

California Water Service Group director Scott L. Morris received a grant of 2,816 shares of common stock on March 3, 2026. The award was granted at no cash cost as restricted stock under the company’s equity incentive plan.

The restricted shares vest 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, Morris directly holds a total of 15,209.23 common shares.

Positive

  • None.

Negative

  • None.
Insider MORRIS SCOTT L
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,816 $0.00 --
Holdings After Transaction: Common Stock — 15,209.23 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MORRIS SCOTT L

(Last) (First) (Middle)
1720 NORTH FIRST STREET

(Street)
SAN JOSE CA 95112

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CALIFORNIA WATER SERVICE GROUP [ CWT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 2,816(1) A $0.0 15,209.23(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. Includes shares acquired through Dividend Reinvestment.
By: /s/ Michelle R. Mortensen For: Scott Morris 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did California Water Service Group (CWT) report for Scott L. Morris?

California Water Service Group reported that director Scott L. Morris received a grant of 2,816 shares of common stock. The shares were issued as restricted stock under the company’s equity incentive plan at no cash cost to him on March 3, 2026.

What type of shares did Scott L. Morris acquire in the latest CWT Form 4?

Scott L. Morris acquired restricted shares of California Water Service Group common stock under the company’s equity incentive plan. The award totaled 2,816 shares and was reported as a grant or award acquisition, rather than an open-market purchase or sale transaction.

How do the newly granted CWT shares to Scott L. Morris vest?

The 2,816 restricted shares granted to Scott L. Morris vest on a one-year cliff schedule. This means 100% of the award will vest on the first anniversary of the March 3, 2026 grant date, rather than vesting gradually over multiple periods.

What is Scott L. Morris’s total direct CWT share ownership after this grant?

After the restricted stock grant, Scott L. Morris directly holds 15,209.23 California Water Service Group common shares. This total includes the newly granted 2,816 restricted shares and shares previously accumulated, including those acquired through dividend reinvestment programs.

Did Scott L. Morris pay a purchase price for the CWT restricted stock grant?

No, Scott L. Morris did not pay a purchase price for this award. The 2,816 shares of California Water Service Group common stock were granted at a stated price of $0.00 per share as an equity incentive plan restricted stock grant.

Was the California Water Service Group Form 4 transaction a buy or a grant?

The transaction reported was a grant, not an open-market buy. It is classified as a “grant, award, or other acquisition” of 2,816 restricted shares of California Water Service Group common stock under the company’s equity incentive plan, with no cash consideration reported.