Kenneth G. Jenkins - 03 Mar 2025 Form 4 Insider Report for CALIFORNIA WATER SERVICE GROUP (CWT)

Signature
/s/Michelle R. Mortensen on behalf of Kenneth Jenkins
Issuer symbol
CWT
Transactions as of
03 Mar 2025
Net transactions value
-$25,906
Form type
4
Filing time
05 Mar 2025, 21:11:48 UTC
Previous filing
08 Jan 2025
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWT CommonStock Award $0 +1,051 +52% $0.000000 3,071 03 Mar 2025 Direct F1
transaction CWT CommonStock Tax liability $24,407 -537 -17% $45.45 2,534 03 Mar 2025 Direct F2
transaction CWT CommonStock Tax liability $1,500 -33 -1.3% $45.45 2,501 03 Mar 2025 Direct F3
transaction CWT CommonStock Award $0 +1,653 +66% $0.000000 4,154 04 Mar 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 938 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 653
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 638
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