California Water Service Group (CWT) VP reports routine tax-related share withholding
Rhea-AI Filing Summary
California Water Service Group officer Sophie M. James reported routine share-withholding transactions related to vested restricted stock awards. On December 5, 2025, 50 shares of common stock were withheld and surrendered to the company at $44.88 per share to cover tax obligations from a restricted stock award granted on June 5, 2024. On December 7, 2025, a further 24 shares were withheld at $44.88 per share for taxes tied to an award granted on March 7, 2023.
After these transactions, James beneficially owned 6,604.014 shares of California Water Service Group common stock, held directly. This total includes shares acquired through the company’s Employee Stock Purchase Program.
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FAQ
What insider transaction did CWT officer Sophie M. James report?
Vice President of Water Quality & Environmental Affairs Sophie M. James reported share-withholding transactions where shares of California Water Service Group (CWT) common stock were surrendered to the company to satisfy tax withholding obligations on vested restricted stock awards.
How many CWT shares were withheld for taxes in this Form 4 filing?
The filing shows 50 shares of common stock withheld on December 5, 2025 and 24 shares withheld on December 7, 2025, all surrendered to cover tax obligations on vested restricted stock awards.
What price was used for the CWT shares withheld for tax purposes?
Both transactions reported in the filing used a price of $44.88 per share for the common stock withheld and surrendered to cover related tax withholding obligations.
How many California Water Service Group shares does Sophie M. James own after these transactions?
Following the reported transactions, Sophie M. James beneficially owned 6,604.014 shares of California Water Service Group common stock, held directly.
What is the reason given for the CWT share surrenders reported by Sophie M. James?
The filing states that the surrendered shares represent amounts withheld and delivered to the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock (RSA) awards granted on June 5, 2024 and March 7, 2023.
Does the CWT Form 4 mention shares from an employee stock purchase program?
Yes. The explanation notes that the beneficially owned total of 6,604.014 shares includes shares acquired through the company’s Employee Stock Purchase Program.
What is Sophie M. James’s role at California Water Service Group?
The filing identifies Sophie M. James as an officer of California Water Service Group, serving as Vice President, Water Quality & Environmental Affairs.