Alexander Richard M 4

What Happened

• Alexander Richard M, a director of Global Water Resources, was granted 69 restricted stock units (RSUs) on April 30, 2026. The RSUs were recorded at $0.00 (no cash paid) and are reported as a derivative award. According to the filing, the RSUs are fully vested upon grant but may only be redeemed when he ceases to be a director.

Key Details

• Transaction date and type: 2026-04-30 — Award/Grant (A) of 69 RSUs at $0.00 per unit.
• Economic nature: Each RSU equals the economic equivalent of one share of GWRS common stock (footnote).
• Vesting/restriction: RSUs are fully vested on grant but redeemable only upon the reporting person’s cessation as a director; redemption terms are governed by the company’s Omnibus plans (footnote).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Filing timeliness: Form 4 filed 2026-05-04; this appears to be within the SEC’s two-business-day reporting window for the April 30 transaction.

Context

• This was an equity award (compensation) rather than an open-market purchase or sale. RSU grants compensate insiders and, while they increase potential future holdings, they do not represent immediate market purchases or liquid proceeds until redeemed (here, only upon leaving the board). The filing is informational and does not by itself indicate the director’s market sentiment.