Alexander Richard M 4

What Happened
Richard M. Alexander, a director of Global Water Resources, Inc. (GWRS), was granted 68 restricted stock units (RSUs) on 2026-05-29. The Form 4 reports the award as 68 units at $0.00 (derivative); the RSUs are the economic equivalent of 68 shares but carry no immediate cash proceeds and were granted, not purchased or sold.

Key Details

• Transaction date: 2026-05-29; Form 4 filed 2026-06-02 (timely filing).
• Transaction type/code: A — Grant/Award (RSUs). Reported price: $0.00 (derivative).
• Number of RSUs granted: 68. Each RSU equals one share economically (Footnote F1).
• Vesting/restriction: RSUs are fully vested upon grant but may only be redeemed when the reporting person ceases to be a director (Footnote F2).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or cashless sale noted.

Context
This is an equity compensation grant to a director rather than a market purchase or sale. Because the RSUs are fully vested but not redeemable until he leaves the board, the award represents deferred equity compensation rather than an immediate increase in tradable shares. Such awards are common for non-employee directors and do not, by themselves, signal buy/sell intent.