Cal Water SVP uses 137 shares for tax withholding
California Water Service Group SVP Michael S. Mares Jr. reported two Form 4 transactions involving common stock used to cover tax obligations from vesting restricted stock awards.
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Rhea-AI Filing Summary
California Water Service Group SVP Michael S. Mares Jr. reported two Form 4 transactions involving common stock used to cover tax obligations from vesting restricted stock awards. On June 5, 2026, 68 shares were withheld at $45.82 per share, leaving 8,387.6 shares held directly. On June 4, 2026, 69 shares were withheld at $45.24 per share. The footnotes specify these are shares surrendered to the issuer to satisfy tax withholding obligations from Restricted Stock (RSA) awards granted on March 4, 2025 and June 5, 2024, rather than open-market sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 68 | $45.82 | $3K |
| Exercise Price or Tax Liability | Common Stock | 69 | $45.24 | $3K |
Footnotes (2)
- F1. Represents the number of shares withheld and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the vesting of Restricted Stock (RSA) Award granted on March 4,2025
- F2. Represents the number of shares withheld and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the vesting of Restricted Stock (RSA) Award granted on June 5, 2024.
Key Figures
Key Terms
Restricted Stock (RSA) Award financial
tax withholding obligations financial
Common Stock financial
Form 4 regulatory
FAQ
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What did CWT executive Michael S. Mares Jr. report in this Form 4?
Are the CWT Form 4 transactions open-market sales by the SVP?
AI-generated analysis. How Rhea-AI works. Not financial advice.