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stocktitan.netSEP 81 min read$CWT

148 shares surrendered for taxes at California Water (NYSE: CWT)

California Water Service Group (CWT) reported that VP Michelle R. Mortensen had 148 shares withheld for tax obligations related to vesting restricted stock awards on September 4-5, 2026. The shares were withheld at $50.03 per share, with 75 shares on September 4 and 73 shares on September 5. Mortensen holds 12,806.564 shares directly after the transaction.

Original reporting
stocktitan.net
Published Sep 8, 2026, 8:33 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 9, 2026, 10:39 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefFinancial news
Primary signal
$CWT
Neutral
high confidence
Mentioned
$CWT
Relevance
4/10
AlphAI data visualization · based on stocktitan.net
Decision brief

The 30-second read

$CWTNeutralLow
01

Why it matters

The disclosure is a routine insider transaction with minimal relevance for traders.

02

Market read

Low relevance; the filing reports a small, routine tax‑withholding transaction.

03

What to watch

None; the transaction size is trivial.

Relevance 4/10Novelty 2/10Timing: post‑event, reported after the Sep 4‑5 tax withholding

Background

Form 4 filing discloses tax‑withholding of restricted‑stock awards for a CWT officer.

Company-level read

Ticker impact

$CWTNeutralHigh confidence
Context

VP Michelle Mortensen had 148 shares of CWT common stock withheld and surrendered to satisfy tax withholding on vesting restricted stock awards on Sep 4‑5, 2026.

Expected impact

no material impact

Evidence & confidence

The transaction involves only $7‑8k of stock and is a routine tax withholding, which typically has negligible market effect.

Market effects

Sector

none

Regional

none

Global

none

Counterpoint

What could challenge this read

The filing is routine and does not signal any change in insider confidence.

Key entities

  • person
    Michelle R. Mortensen

    Vice President, Corporate Services, Government & Assurance at California Water Service Group

Read at source← All news

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