Fleming Ronnie L 4

What Happened

• Ronnie L. Fleming, President, CEO and Director of Global Water Resources, had 10,000 restricted shares vest on May 8, 2026 (transaction code A). The vesting price reported was $7.07 per share, for a gross value of $70,700.
• To satisfy tax withholding obligations (transaction code F), 3,656 of those vested shares were withheld/disposed at $7.07 per share, representing $25,848 withheld. The net shares delivered to Fleming after withholding were the remaining shares from the 10,000 grant.

Key Details

• Transaction date: May 8, 2026. Filing date: May 12, 2026 (timely under the standard two-business-day Form 4 rule).
• Price per share reported: $7.07.
• Gross award: 10,000 restricted shares = $70,700. Shares withheld for taxes: 3,656 = $25,848.
• Transaction codes: A = Award/Grant (vesting of restricted shares); F = Shares withheld to satisfy tax withholding.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 confirms these were restricted shares that vested on May 8, 2026. F2 confirms shares were withheld to satisfy tax withholding on the vesting.

Context

• This was a regular vesting of restricted stock, not an open-market purchase or sale. The withholding of shares to cover taxes is a common administrative step and should not be interpreted as an active sale of shares on the market.
• For retail investors, awards/vesting show executive compensation being realized but do not, by themselves, indicate a change in the insider’s market view.