Fleming Ronnie L 4

What Happened

• Ronnie L. Fleming, President, CEO and Director of Global Water Resources (GWRS), exercised/converted 4,575 restricted stock units (RSUs) on 2026-06-30 and the same number of shares were disposed to the issuer at $7.24 per share for proceeds of $33,123. On the same date he was also granted 113 RSUs (reported as an award at $0.00).
• The filing shows an exercise/conversion (derivative) and an immediate disposition to the issuer, plus a separate grant of 113 RSUs that are recorded as fully vested and exercisable.

Key Details

• Transaction date(s): 2026-06-30; filing date: 2026-07-02 (filed within the Form 4 reporting window).
• Sale/disposition: 4,575 shares at $7.24 each = $33,123.
• Grant: 113 RSUs reported as awarded at $0.00; footnotes state RSUs are economic equivalents of one share, fully vested and immediately exercisable with no set expiration (F1–F3). Total includes prior grants with different vesting/expiry as previously reported (F4).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Transaction codes in the filing: M = exercise/conversion of derivative; D = disposition to issuer; A = award/grant.

Context

• The pattern — conversion/exercise of RSUs followed by immediate disposition to the issuer — is commonly used to convert RSUs to shares and effect a sale or tax-withholding transaction. The filing itself does not state a 10b5-1 plan or other trading plan.
• This activity includes both a sale (proceeds realized) and a grant (additional RSUs). Sales are routine disclosure events for executives; awards/RSU grants increase future potential ownership.