James Sophie Marwieh 4
4 · CALIFORNIA WATER SERVICE GROUP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
California Water Service (CWT) VP Sophie Marwieh Receives Award, Sells Shares
What Happened
James (Sophie) Marwieh, VP, Water Quality & Environmental Affairs at California Water Service Group (CWT), received 548 shares on 2026-03-07 as a vested equity award. To satisfy tax withholding obligations, a total of 316 shares were surrendered to the company: 57 shares on 2026-03-05 (@ $45.78, $2,609) and 232 + 27 shares on 2026-03-07 (@ $45.59, $10,577 and $1,231 respectively). The withheld shares total about $14,417 in value; net increase to her holdings from this vesting is 232 shares (548 acquired − 316 withheld).
Key Details
- Transaction types: Award/acquisition (A) of 548 shares (3/7/2026); tax-withholding dispositions (F) of 57 shares (3/5/2026) and 232 & 27 shares (3/7/2026).
- Prices and values: 57 @ $45.78 = $2,609; 232 @ $45.59 = $10,577; 27 @ $45.59 = $1,231. Award listed at $0.00 (vesting).
- Net effect: +232 shares to insider (548 granted − 316 withheld).
- Footnotes: Withholdings represent shares surrendered to satisfy tax withholding on vesting of a Restricted Stock Award (RSA) and a Performance Stock Unit (PSU). The PSU was originally granted 3/7/2023 and vested with a 46% payout based on performance.
- Shares owned after transaction: Not reported on this Form 4.
- Filing: Report filed 2026-03-09 for transactions dated 3/5 and 3/7 — appears to be filed within the normal Form 4 reporting window.
Context
These were equity vesting and tax-withholding transactions (not open-market sales). Withheld shares were surrendered to the issuer to cover taxes — a routine administrative transaction that does not necessarily signal the insider’s view of the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$45.78/sh−57$2,609→ 8,037.706 total - Award
Common Stock
[F2]2026-03-07+548→ 8,585.706 total - Tax Payment
Common Stock
[F3]2026-03-07$45.59/sh−232$10,577→ 8,353.706 total - Tax Payment
Common Stock
[F1]2026-03-07$45.59/sh−27$1,231→ 8,326.706 total
Footnotes (3)
- [F1]Represents the number of shares withheld by and surrendered to the Issuer to satisfy the tax withholding obligations that arose in connection with the vesting of the Restricted Stock Award (RSA)
- [F2]The reporting person was granted a Performance Stock Unit (PSU) award on 3/7/2023. The PSU vested in full based on the satisfaction of certain performance criteria approved by the Board of Directors. The performance criteria was met resulting in 46% payout of the original goal
- [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 vesting of a Performance Stock Unit (PSU) Award.