Alexander Richard M 4

What Happened

• Richard M. Alexander, a director of Global Water Resources, received an award of 1,906 restricted shares on 2026-05-20 (reported on Form 4 filed 2026-05-22). The award is valued at $6.97 per share for a total of $13,285.
• To satisfy tax withholding on the vesting, 959 of those shares were withheld/disposed at the same per-share price (959 × $6.97 = $6,684). Net shares delivered to Alexander after withholding: 947 shares (1,906 granted − 959 withheld).
• This was an award/grant of restricted stock (code A) with a related tax-withholding disposition (code F). Awards are typically compensation, not an open-market purchase.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears timely).
• Award: 1,906 restricted shares @ $6.97/share = $13,285 (code A).
• Tax withholding: 959 shares withheld/disposed @ $6.97/share = $6,684 (code F).
• Footnotes: F1 — restricted shares were fully vested when granted. F2 — 959 shares were withheld to satisfy tax withholding on the vesting.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context

• This filing documents a compensation award (restricted stock) that vested and the routine withholding of shares to cover taxes. Such grants are common for directors and reflect compensation rather than an independent market purchase or sale.