Willie D. Brown Jr. - Jan 4, 2024 Form 4 Insider Report for SJW GROUP (SJW)

Role: VP & Gen Counsel
Signature: /s/ Marisa Joss Attorney-in-Fact for Willie D. Brown Jr.
Stock symbol: SJW
Transactions as of: Jan 4, 2024
Transactions value $: -$8,432
Form type: 4
Date filed: 1/8/2024, 04:28 PM
Previous filing: Jan 4, 2024
Next filing: Mar 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$8.43K	-131	-1.56%	$64.37	8.28K	Jan 4, 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents 131 shares of issuer's common stock ("Common Stock") withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 4, 2024 pursuant to the terms of the January 4, 2021 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.
F2	Represents 4,964 shares of Common Stock and 3,312 shares of Common Stock underlying restricted stock units which will vest and become issuable in accordance with their terms.

Content

Represents 131 shares of issuer's common stock ("Common Stock") withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 4, 2024 pursuant to the terms of the January 4, 2021 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 4,964 shares of Common Stock and 3,312 shares of Common Stock underlying restricted stock units which will vest and become issuable in accordance with their terms.