California Water (NYSE: CWT) exec has 139 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Water Service Group senior vice president Shawn C. Bunting reported two routine tax-withholding dispositions of common stock tied to vesting of restricted stock awards. A total of 139 shares were withheld and surrendered to the issuer to satisfy tax obligations, leaving him with 4,714 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bunting Shawn C
Role
Sr. VP, GC and Business Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 69 | $45.82 | $3K |
| Tax Withholding | Common Stock | 70 | $45.24 | $3K |
Holdings After Transaction:
Common Stock — 4,714 shares (Direct, null)
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 March 4,2025 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
Tax-withholding shares: 139 shares
First tax-withholding block: 70 shares at $45.24/share
Second tax-withholding block: 69 shares at $45.82/share
+1 more
4 metrics
Tax-withholding shares
139 shares
Total common shares withheld for tax obligations
First tax-withholding block
70 shares at $45.24/share
Disposition on 2026-06-04 to satisfy tax obligations
Second tax-withholding block
69 shares at $45.82/share
Disposition on 2026-06-05 to satisfy tax obligations
Post-transaction holdings
4,714 shares
Common stock held directly after 2026-06-05 transaction
Key Terms
Restricted Stock (RSA) Award, tax withholding obligations, withheld and surrendered to the issuer, Sr. VP, GC and Business Dev
4 terms
Restricted Stock (RSA) Award financial
"vesting of Restricted Stock (RSA) Award granted on March 4,2025"
tax withholding obligations financial
"to satisfy the tax withholding obligations that arose in connection with the vesting"
withheld and surrendered to the issuer financial
"Represents the number of shares withheld and surrendered to the issuer"
Sr. VP, GC and Business Dev financial
"Bunting Shawn C, Sr. VP, GC and Business Dev"
FAQ
What insider transaction did CWT executive Shawn C. Bunting report on this Form 4?
Shawn C. Bunting reported two tax-withholding dispositions of California Water Service Group common stock. In total, 139 shares were withheld and surrendered to the issuer to cover tax obligations arising from restricted stock vesting, not from open-market sales or discretionary trading.
Does the CWT Form 4 indicate open-market buying or selling by Shawn C. Bunting?
The Form 4 does not show open-market buying or selling. Both transactions are coded “F,” meaning shares were withheld and surrendered to the issuer solely to satisfy tax withholding obligations from restricted stock vesting, rather than discretionary purchases or sales in the market.