California Water (CWT) director sells 3,700 shares, retains 23,805
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Water Service Group director Thomas M. Krummel reported an open-market sale of 3,700 shares of Common Stock. The shares were sold at a weighted average price of $43.3012 per share. After this transaction, he directly holds 23,805 shares of California Water Service Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,700 shares ($160,214)
Net Sell
1 txn
Insider
Krummel Thomas M
Role
null
Sold
3,700 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,700 | $43.3012 | $160K |
Holdings After Transaction:
Common Stock — 23,805 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,700 shares
Sale price: $43.3012 per share
Estimated sale value: $160,214
+1 more
4 metrics
Shares sold
3,700 shares
Open-market sale of Common Stock
Sale price
$43.3012 per share
Weighted average sale price
Estimated sale value
$160,214
3,700 shares at $43.3012 per share
Shares owned after sale
23,805 shares
Post-transaction direct holdings
Key Terms
Common Stock, open-market sale, weighted average price, Form 4
4 terms
Common Stock financial
"reported an open-market sale of 3,700 shares of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"reported an open-market sale of 3,700 shares of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"executed in multiple trades with a weighted average price of $43.3012."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"as reported in a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did California Water Service Group (CWT) disclose?
California Water Service Group director Thomas M. Krummel disclosed an open-market sale of 3,700 shares of Common Stock at a weighted average price of $43.3012 per share, as reported in a Form 4 insider filing.
Was the California Water (CWT) insider trade an open-market sale?
Yes. The Form 4 classifies the transaction as an open-market sale of Common Stock, using transaction code “S,” which indicates a sale in the open market or private transaction under SEC reporting rules.
Does the Form 4 for CWT mention multiple trade executions for the sale?
The footnote explains the sale was executed in multiple trades, with a weighted average price of $43.3012. The reporting person undertakes to provide full details on the number of shares and prices upon request.