Corwin Jonathan C. 4

4 · Global Water Resources, Inc. · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Global Water Resources (GWRS) VP Jonathan Corwin Exercises RSUs, Sells 132 Shares

What Happened

Jonathan C. Corwin, Vice President of Global Water Resources, exercised restricted stock units (RSUs) and recorded related share activity on 2026-06-30. He exercised/convertered 132 RSU-based shares (derivative exercise, code M) at $0 cost, and 132 shares were disposed to the issuer (code D) at $7.24 per share for a total of $956. The filing also shows a grant/acquisition of 2 RSUs (code A) that are fully vested and immediately exercisable.
This appears to be a routine exercise and immediate surrender/disposition to the issuer (commonly done to cover tax withholding), not an open-market sale that signals a directional bet.

Key Details

Transaction date: 2026-06-30; filing date: 2026-07-02 (no indication in the filing provided that it was late).
Main entries: 132 shares exercised (M) at $0; 132 shares disposed to issuer (D) at $7.24 each, total proceeds $956; 2 RSUs granted/recorded as acquired (A), $0.
Shares owned after transaction: not specified in the details provided.
Footnotes: RSUs are economic equivalents to common shares (F1), exercisable at vesting with no set expiration (F2/F3), and totals may include prior grants with different terms (F4).
Transaction codes: M = exercise/conversion of derivative; D = disposition to issuer; A = grant/award.

Context

These entries reflect an exercise of RSUs with immediate disposition to the issuer (a form of withholding/surrender), not a market sale. For retail investors, such transactions typically satisfy tax obligations and are not a clear bullish or bearish signal about the insider’s view of the stock.
The amounts involved here are small ($956), and the filing reports RSUs that are fully vested and exercisable upon grant per the footnotes.

Form 4

Period: 2026-06-30

Vice President

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-30+132→ 14,146 total
Disposition to Issuer
Common Stock
2026-06-30$7.24/sh−132$956→ 14,014 total
Award
Restricted Stock Units
[F1][F2][F3][F4]
2026-06-30+2→ 680 total
→ Common Stock (2 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F2][F4]
2026-06-30−132→ 548 total
→ Common Stock (132 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
[F2]The RSUs are exercisable at time of vesting and do not have a set expiration date.
[F3]The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
[F4]The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.

Signature

/s/ Suzette Prante, attorney-in-fact|2026-07-02

1 file