Cohn Andrew M. 4

What Happened

• Andrew M. Cohn, a director of Global Water Resources, Inc. (GWRS), received a grant of 6 restricted stock units (RSUs) on 2026-03-31. The filing reports the award at $0.00 per unit (total reported value $0) as a derivative grant. The RSUs are fully vested upon grant but are redeemable only when he ceases to be a director.

Key Details

• Transaction date: 2026-03-31; Filing date (Form 4): 2026-04-02 (appears timely).
• Security: 6 RSUs (each RSU = economic equivalent of one common share); reported price $0.00.
• Shares owned after transaction: Not specified in the provided filing summary.
• Notable footnotes: (1) Each RSU equals one share of common stock. (2) RSUs are fully vested on grant but may only be redeemed upon the reporting person leaving the board; redemption terms are governed by the company’s omnibus plans (see 10‑K for details).
• Transaction type: Award/Grant of derivative securities (code A).

Context

• This is a compensation award to a director, not an open-market purchase or sale. Grants reported at $0 typically reflect stock-based compensation rather than a cash purchase, and immediate vesting with limited redeemability means the units track value but cannot currently be converted/removed except under the redemption condition noted. Such awards are routine for director compensation and do not by themselves indicate the director buying or selling company stock.