Global Water Resources, Inc.·4

Mar 13, 7:51 PM ET

Levine Jonathan L 4

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Global Water (GWRS) Director Jonathan Levine Receives 950-Share Award

What Happened

  • Jonathan L. Levine, a director of Global Water Resources, Inc. (GWRS), was granted 950 shares of restricted common stock on March 11, 2026. The shares were issued at $7.50 per share, for a total value of $7,125. The Form 4 reports this as an acquisition/award (transaction code A).

Key Details

  • Transaction date: 2026-03-11; price: $7.50 per share; total value: $7,125.
  • Filing date: 2026-03-13 (filed within the SEC’s two-business-day requirement; not late).
  • Shares owned after the transaction: not specified in the provided filing data.
  • Footnotes from the filing:
    • F1: These are restricted shares awarded and are fully vested when granted (immediate ownership).
    • F2: Some shares are held by a limited partnership for which Levine serves as general partner; he disclaims beneficial ownership except for his pecuniary interest.
    • F3: Some shares are held by the Levine Family Trust "A," for which he serves as trustee.
  • Transaction type on Form 4: Award/Grant (A).

Context

  • This was an award of restricted stock that is fully vested upon grant, meaning Levine obtained immediate ownership of the shares. Awards can reflect compensation or pre-approved grants and do not necessarily indicate open-market purchases by the insider.