California Water Service Group (CWT) officer details RSA tax share withholding
Rhea-AI Filing Summary
California Water Service Group officer Thomas A. Scanlon, Corporate Controller & PAO, reported two transactions in company common stock. On December 5, 2025, 29 shares were withheld at $44.88 per share to cover taxes on the vesting of a restricted stock award granted June 5, 2024. On December 7, 2025, an additional 23 shares were withheld at $44.88 per share for taxes related to a restricted stock award granted March 7, 2023. After these withholding transactions, Scanlon beneficially owns 3,975.101 shares of California Water Service Group common stock, including shares acquired through the Employee Stock Purchase Program. Both transactions are coded as tax-withholding events rather than open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 23 | $44.88 | $1K |
| Tax Withholding | Common Stock | 29 | $44.88 | $1K |
Footnotes (1)
- 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. 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 7, 2023. Includes shares acquired through the Employee Stock Purchase Program.
FAQ
What insider transaction did CWT report for Thomas A. Scanlon?
The filing shows that Thomas A. Scanlon, Corporate Controller & PAO of California Water Service Group (CWT), had company shares withheld on two dates in December 2025 to cover tax obligations arising from vesting restricted stock awards.
Were these CWT transactions open-market trades or tax withholding events?
The transactions are coded "F", which indicates that the shares were withheld and surrendered to the issuer to satisfy tax withholding obligations triggered by the vesting of restricted stock awards, rather than open-market purchases or sales.
Which equity awards are referenced in this CWT Form 4 filing?
The filing explains that one transaction relates to the vesting of a Restricted Stock (RSA) Award granted on June 5, 2024, and the other relates to the vesting of a Restricted Stock (RSA) Award granted on March 7, 2023.
What is Thomas A. Scanlon’s role at California Water Service Group (CWT)?
In this report, Thomas A. Scanlon is identified as an officer of California Water Service Group, serving as Corporate Controller & PAO.