California Water Service Group (CWT) director receives 2,816-share stock grant
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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 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.
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.