Alexander Richard M 4

What Happened

Alexander Richard, a director of Global Water Resources, Inc. (GWRS), was granted 56 restricted stock units (RSUs) on January 30, 2026. The Form 4 lists the acquisition as 56 units at $0.00 (derivative award). This is an award/grant (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed within the required reporting window).
• Grant: 56 RSUs, reported as acquired at $0.00 (derivative instrument).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes from the filing:
  • Each RSU equals the economic equivalent of one share of GWRS common stock.
  • The RSUs are fully vested upon grant but may only be redeemed when the reporting person ceases to be a director; redemption terms are in the Company’s Omnibus plans (see the 10‑K).
• Filing timeliness: No late filing flag; filing date is within the standard Form 4 reporting window.

Context

RSUs are a common form of director compensation and represent a future right to receive (or the economic equivalent of) shares. Although these units are fully vested, the reported RSUs are restricted from redemption until the director leaves the board, so they do not represent immediately liquid shares or a sale. This transaction is a grant (routine compensation) rather than an insider purchase or sale.