Director at California Water (NYSE: CWT) granted 2,816 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Water Service Group director Lester A. Snow acquired 2,816 shares of common stock on March 3, 2026 through a restricted stock grant at no cash cost, under the company’s equity incentive plan. This award has a one-year cliff, vesting 100% on the first anniversary of the grant date.
After this grant and an exempt transfer of 9,937 shares, Snow beneficially owns 19,416 shares, which include shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Snow Lester A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,416 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. Amount of securities beneficially owned following reported transaction reflects the transfer of 9,937 shares in a transaction exempt from Section 16 pursuant to Rule 16a-12. The reported includes shares acquired through Dividend Reinvestment.
FAQ
What insider transaction did CWT director Lester A. Snow report?
Lester A. Snow reported acquiring 2,816 shares of California Water Service Group common stock via a restricted stock grant. The award was made under the company’s equity incentive plan at no cash cost to him on March 3, 2026.
Was the CWT stock grant to Lester A. Snow an open-market purchase?
No, the 2,816 CWT shares were granted as restricted stock under an equity incentive plan. The transaction was coded as a grant or award acquisition and carried a reported price of $0.0000 per share, not an open-market purchase.
Does the CWT Form 4 mention dividend reinvestment for Lester A. Snow?
Yes. The footnote explains that the 19,416 shares beneficially owned after the reported transaction include shares acquired through dividend reinvestment. This clarifies that some of Snow’s holdings came from automatically reinvested dividends.