California Water (CWT) VP Sophie Marwieh Withholds Shares for Taxes

What Happened James Sophie Marwieh, Vice President, Water Quality at California Water Service Group (CWT), surrendered a total of 101 shares to the issuer to satisfy tax-withholding obligations tied to vested restricted stock. The filings show 51 shares withheld on 2026-09-04 at $50.03 each ($2,552) and 50 shares withheld on 2026-09-05 at $50.03 each ($2,502), for a combined value of about $5,054. These transactions are coded "F" (tax withholding) and represent shares surrendered to the company rather than open-market sales.

Key Details

• Transaction dates and prices: 2026-09-04 — 51 shares @ $50.03; 2026-09-05 — 50 shares @ $50.03.
• Reported filing date: 2026-09-08 (appears timely given business-day reporting rules).
• Shares surrendered/Disposed: 101 total; proceeds used to satisfy tax withholding (not a market sale).
• Footnotes: F1 and F3 indicate these shares were withheld to cover taxes on vested Restricted Stock Awards (RSA) granted 3/4/2025 and 6/5/2024; F2 notes inclusion of shares acquired through the Employee Stock Purchase Plan (ESPP).
• Shares owned after the reported transactions: not specified in the supplied filing details.

Context Tax-withholding dispositions (code F) are routine administrative actions when RSAs vest; they do not necessarily signal intent to reduce or increase personal holdings via market trades. For retail investors, purchases or open-market sales are typically more informative about insider sentiment; these withheld shares simply fulfilled tax obligations related to vesting.