California Water (CWT) VP Kenneth Jenkins Surrenders 102 Shares for Taxes

What Happened Kenneth G. Jenkins, VP Water Resource Planning & Sustainability at California Water Service Group (CWT), had 102 shares withheld and surrendered to the company to satisfy tax withholding obligations tied to vested restricted stock awards. The withholding covered 64 shares on 2026-09-04 (64 x $50.03 = $3,201.92) and 38 shares on 2026-09-05 (38 x $50.03 = $1,901.14), totaling $5,103.06. This is an administrative disposition to cover taxes, not an open-market sale driven by investment intent.

Key Details

• Transaction dates and prices: 2026-09-04 — 64 shares at $50.03; 2026-09-05 — 38 shares at $50.03.
• Total shares surrendered: 102 shares; total value ≈ $5,103.06.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: Withheld shares relate to vested Restricted Stock Awards — F1: award granted March 4, 2025; F2: award granted June 5, 2024.
• Filing: Form 4 was filed on 2026-09-08. This appears to be timely (filed within the SEC’s two-business-day requirement, accounting for the Labor Day holiday on Sept 7, 2026).
• Transaction code: F — tax withholding to satisfy statutory tax obligations.

Context Withholding and surrendering shares to cover taxes on vested RSAs is a routine administrative action and does not necessarily reflect the insider’s market view. For retail investors, purchases or open-market sales are generally more informative about insider sentiment than tax-withholding dispositions.