Rousseau David 4
Research Summary
AI-generated summary
Global Water (GWRS) Director David Rousseau Receives 1,375 Shares
What Happened
David Rousseau, a director of Global Water Resources, Inc. (GWRS), was granted 1,375 shares on 2026-03-11. The shares were issued at $7.50 per share for a total value of $10,313. The filing classifies this transaction as an award/grant (transaction code A), an acquisition rather than a sale.
Key Details
- Transaction date: 2026-03-11; Price per share: $7.50; Total value: $10,313.
- Transaction type: A (award/grant — acquisition of shares).
- Shares owned after transaction: Not specified in the information provided.
- Footnote: These are restricted shares that are fully vested when granted (immediate ownership).
- Filing date: 2026-03-13 — filed within the typical two-business-day window (not indicated as late).
Context
Restricted shares that are fully vested on grant mean Rousseau received immediate ownership and voting rights; such awards can be compensation-related rather than open‑market purchases. This was an acquisition (not a sale), but filings do not reveal motive. Retail investors should note the size is modest and consistent with director compensation; monitor future filings for additional insider activity.