Global Water Resources, Inc.·4

Apr 2, 7:12 PM ET

Huckelbridge Brett 4

Research Summary

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Global Water (GWRS) Director Brett Huckelbridge Receives Award

What Happened

  • Brett Huckelbridge, a director of Global Water Resources, Inc. (GWRS), was granted 56 restricted stock units (RSUs) on 2026-03-31. The reported acquisition price is $0.00, and the filing classifies these as a derivative award (56 RSUs = economic equivalent of 56 shares).
  • This was an award/grant (not an open-market purchase or sale). The RSUs are fully vested upon grant, but per the filing they may only be redeemed when Huckelbridge ceases to be a director. The Form 4 was filed on 2026-04-02 (accession 0001628280-26-023415).

Key Details

  • Transaction date: 2026-03-31; Filing date: 2026-04-02.
  • Instrument: 56 restricted stock units (RSUs); reported price: $0.00; reported as a derivative acquisition (code A).
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnotes: F1 — each RSU equals the economic equivalent of one common share; F2 — RSUs are fully vested at grant but redeemable only upon the reporting person ceasing to be a director; redemption terms referenced in the company’s Omnibus plans (see 10-K).
  • No late filing is indicated in the filing metadata.

Context

  • RSUs are derivative awards representing the economic value of shares. Even though these RSUs are fully vested, the redemption restriction means they are not immediately convertible to tradable stock while Huckelbridge remains a director.
  • The grant is small (56 RSUs) and reflects routine director compensation rather than a material change in ownership.