Willie Brown - Jan 3, 2025 Form 4 Insider Report for SJW GROUP (SJW)

Role: VP & Gen Counsel
Signature: /s/ Marisa Joss Attorney-in-Fact for Willie Brown
Stock symbol: SJW
Transactions as of: Jan 3, 2025
Transactions value $: -$17,570
Form type: 4
Date filed: 1/7/2025, 04:04 PM
Previous filing: Jan 6, 2025
Next filing: Mar 4, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$17.6K	-364	-3.16%	$48.27	11.2K	Jan 3, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 364 shares of the issuer's common stock ("Common Stock") withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F2	Represents 7,186 shares of Common Stock and 3,966 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.

Content

Represents 364 shares of the issuer's common stock ("Common Stock") withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.

Represents 7,186 shares of Common Stock and 3,966 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.