Mohammed G. Zerhouni - Feb 1, 2024 Form 4 Insider Report for SJW GROUP (SJW)

Role: SVP of Fin., Prin. Acct. Ofcr.
Signature: /s/ Marisa Joss Attorney-in-Fact for Mohammed G. Zerhouni
Stock symbol: SJW
Transactions as of: Feb 1, 2024
Transactions value $: -$8,268
Form type: 4
Date filed: 2/5/2024, 04:06 PM
Previous filing: Jan 4, 2024
Next filing: Jun 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$8.27K	-137	-3.7%	$60.35	3.57K	Feb 1, 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	1.Represents 137 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 February 1, 2024 pursuant to the terms of the February 1, 2023 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 ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F2	2. Represents 192 shares of Common Stock and 3,375 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.

Content

1.Represents 137 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 February 1, 2024 pursuant to the terms of the February 1, 2023 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 ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.

2. Represents 192 shares of Common Stock and 3,375 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.