Levine Jonathan L 4
Research Summary
AI-generated summary
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.