Lynch James Patrick 4

What Happened

• James Patrick Lynch, SVP, Chief Financial Officer and Treasurer of California Water Service Group (CWT), had 56 shares withheld and surrendered to the company to satisfy tax withholding obligations tied to the vesting of a Restricted Stock Award (RSA).
• Withheld shares: 56 at $45.78 per share, total value approximately $2,564. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-05; Filing date (Form 4): 2026-03-09 — appears to be filed on time.
• Price used for withholding: $45.78 per share; total value ~$2,564.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The 56 shares were surrendered to the issuer to satisfy tax withholding on the vesting of an RSA.
• Transaction type: F (tax withholding) — routine administrative action, not a directional trade signal.

Context

• Tax-withholding by surrendering shares is common when restricted stock vests; the company retains shares to pay the insider’s tax liability rather than the insider selling shares on the open market.
• Such withholding transactions are primarily administrative and generally shouldn't be interpreted as a strong buy/sell signal about the insider’s view of the company.