Liebman Michael J 4

What Happened

• Michael J. Liebman, CFO and Corporate Secretary of Global Water Resources, received a grant of 29 restricted stock units (RSUs) on January 30, 2026. The RSUs were granted at $0.00 per unit (total reported value $0) and are reported as a derivative award (transaction code A).

Key Details

• Transaction date and terms: 2026-01-30; 29 RSUs; $0.00 per unit (award/grant).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: Each RSU is the economic equivalent of one share of common stock. The RSUs are fully vested upon grant, immediately exercisable, and have no set expiration date.
• Filing timeliness: Form 4 filed 2026-02-03 — within the SEC two-business-day filing window (timely).
• Transaction type code: A = Award/Grant (derivative).

Context

• RSUs are a form of equity compensation that give the holder the economic equivalent of shares; because these RSUs are fully vested and exercisable on grant, they provide immediate share exposure but were granted (compensation), not purchased on the open market. Such awards are routine for executive compensation and do not, by themselves, indicate a buy or sell signal.