Martin A. Kropelnicki - Mar 3, 2025 Form 4 Insider Report for CALIFORNIA WATER SERVICE GROUP (CWT)

Role
Chairman, President & CEO
Signature
/s/ Michelle R. Mortensen on behalf of Martin A. Kropelnicki
Stock symbol
CWT
Transactions as of
Mar 3, 2025
Transactions value $
-$297,879
Form type
4
Date filed
3/5/2025, 08:45 PM
Previous filing
Dec 10, 2024
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWT Common Stock Award $0 +127K +1021.18% $0.00 140K Mar 3, 2025 Direct F1
transaction CWT Common Stock Tax liability -$286K -6.29K -4.51% $45.45 133K Mar 3, 2025 Direct F2
transaction CWT Common Stock Tax liability -$12K -264 -0.2% $45.45 133K Mar 3, 2025 Direct F3
transaction CWT Common Stock Award $0 +10.3K +7.76% $0.00 143K Mar 4, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 3/1/2022, the reporting person was granted a Performance Stock Unit (PSU) of 1619 shares of common stock. The PSU vested in full based on satisfaction of certain performance criteria approved by the Board of Directors. The performance criteria was met resulting in 112% payout of the original goal.
F2 Represents the number of shares withheld by and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the Performance Stock Unit (PSU) award 654.
F3 Represents the number of shares withheld by and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the Restricted Stock (RSA) Award 639.
F4 Restricted stock granted on 3/4/2025 pursuant to the California Water Service Group equity incentive plan in a transaction exempt under Rule 16-b-3. RSA vests one-third on March 4, 2026, with the remaining 2/3 vesting quarterly over the succeeding 24 months.
F5 Includes share acquired through dividend reinvestment.