Lenderking John Carroll 4

4 · Global Water Resources, Inc. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Global Water (GWRS) SVP John Lenderking Surrenders 275 Shares

What Happened

John Carroll Lenderking, SVP, Water Resources at Global Water Resources, had 275 restricted stock units (RSUs) convert to common shares on 2026-03-31 and then surrendered those 275 shares to the issuer at $7.59/share (disposition value $2,087), consistent with net share settlement/tax withholding. The filing also shows a separate grant of 5 RSUs (zero exercise price) that are fully vested and exercisable upon grant.

Key Details

Transaction date: 2026-03-31. Filing date: 2026-04-02 (appears timely).
Disposition: 275 shares to issuer at $7.59/share for $2,087.
Conversion/exercise: 275 RSUs converted to shares (derivative exercise/conversion).
Grant: 5 RSUs awarded; RSUs are fully vested and exercisable with no set expiration (per footnotes).
Shares owned after transaction: Not disclosed on this Form 4.
Footnotes: RSUs are economic equivalents of common shares, fully vested upon grant, exercisable at vesting, and may include prior grants with different terms.

Context

These entries reflect RSU vesting and a net share settlement (shares surrendered to the company, typically to cover tax withholding), not an open-market sale or separate cash purchase. Such withholding transactions are routine and do not necessarily indicate a change in insider sentiment.

Form 4

Period: 2026-03-31

SVP, Water Resources

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-31+275→ 7,654 total
Disposition to Issuer
Common Stock
2026-03-31$7.59/sh−275$2,087→ 7,379 total
Award
Restricted Stock Units
[F1][F2][F3]
2026-03-31+5→ 1,622 total
→ Common Stock (5 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4][F3]
2026-03-31−275→ 1,347 total
→ Common Stock (275 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
[F2]The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
[F3]The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
[F4]The RSUs are exercisable at time of vesting and do not have a set expiration date.

Signature

/s/ Suzette Prante, attorney-in-fact|2026-04-02

1 file