Thornburg Eric W sold SJW
January 2, 2025 · Form 4 insider transaction
Thornburg Eric W sold 1,155 shares of SJW at $48.70 per share, a transaction worth $56.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Represents 1,155 shares of Common Stock withheld of the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on January 2, 2025 pursuant to the terms of the January 2, 2024 Restricted Stock Unit Issuance Agreement between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.; Represents (i) 48,290 shares of Common Stock; (ii) 14 shares of Common Stock acquired on July 31, 2024 in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under the SJW Group 2023 Employee Stock Purchase Plan; and (iii) 23,402 shares of Common Stock underlying RSUs that will vest and become issuable in accordance with their terms.