Eric W. Thornburg - Jan 3, 2025 Form 4 Insider Report for SJW GROUP (SJW)

Role: President & CEO, Director
Signature: /s/ Marisa Joss Attorney-in-Fact for Eric W. Thornburg
Stock symbol: SJW
Transactions as of: Jan 3, 2025
Transactions value $: -$80,514
Form type: 4
Date filed: 1/7/2025, 04:11 PM
Previous filing: Jan 6, 2025

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$80.5K	-1.67K	-2.33%	$48.27	70K	Jan 3, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 1,668 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F2	Represents 51,194 shares of Common Stock and 18,844 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.

Content

Represents 1,668 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.

Represents 51,194 shares of Common Stock and 18,844 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.