Cohn Andrew M. 4

What Happened

• Andrew M. Cohn, a director of Global Water Resources, Inc. (GWRS), received a grant of 5 restricted stock units (RSUs) on January 30, 2026.
• The RSUs are recorded at $0.00 per unit in the filing (transaction code A — award/grant). The filing treats these as derivative awards that are the economic equivalent of common shares.

Key Details

• Transaction date: 2026-01-30 (Form 4 filed 2026-02-03; filing appears timely under the two-business-day rule).
• Security: 5 RSUs granted; reported price $0.00; total reported transaction value $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — each RSU equals the economic equivalent of one common share. F2 — RSUs are fully vested on grant but may only be redeemed upon the reporting person ceasing to be a director (redemption governed by the company’s omnibus plans).
• Transaction code: A = Award/Grant; classified as a derivative award on the Form 4.

Context

• RSU grants are typically compensation for service; because these RSUs are restricted and only redeemable when Cohn leaves the board, this is not an immediate open-market purchase or sale and therefore is not a direct market sentiment signal.
• The grant is small (5 RSUs), so it’s likely routine director compensation rather than a material ownership change.