Mares Michael S JR 4
Research Summary
AI-generated summary
California Water Service Group VP Michael Mares Jr Sells 3,892 Shares
What Happened
- Michael S. Mares Jr., Vice President, Operations at California Water Service Group (CWT), sold 3,892 shares in an open-market transaction on March 20, 2026. The shares were sold at $44.00 per share for total proceeds of $171,248. This was a sale (not a purchase or exercise).
Key Details
- Transaction date: 2026-03-20
- Transaction type/code: Sale (S) — open market or private sale
- Price and quantity: 3,892 shares at $44.00 per share; total value $171,248
- Shares owned after transaction: Not disclosed in the provided filing details
- Footnote: The sale was executed in multiple transactions at $44.00; the reporting person offers to provide full transaction timing/pricing details upon request to the SEC staff or issuer (footnote F1)
- Filing timeliness: Report filed 2026-03-24 for a 2026-03-20 transaction — appears filed within the required two business days
Context
- This filing reports a straightforward sale. Sales by insiders can be routine (e.g., diversification or liquidity needs) and do not by themselves indicate a change in the insider’s view of the company.