Cohn Andrew M. 4
Research Summary
AI-generated summary
Global Water Resources (GWRS) Director Andrew M. Cohn Receives RSUs
What Happened Andrew M. Cohn, a director of Global Water Resources, Inc. (GWRS), was granted 6 restricted stock units (RSUs) on 2026-06-30. The RSUs were awarded at $0.00 per unit (total reported value $0) and are reported as a derivative grant (transaction code A).
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-02 covering that period.
- grant: 6 RSUs @ $0.00 (derivative award); reported value $0.
- Shares owned following the transaction: not specified in the filing.
- Footnote highlights: (1) each RSU equals the economic equivalent of one common share; (2) the RSUs are fully vested at grant but are redeemable only when the reporting person ceases to be a director (redemption terms are in the company’s omnibus plans referenced in its 10-K).
- Transaction type on Form 4: Award/Grant (A), derivative security (RSUs).
Context RSU awards are compensation grants, not open-market purchases or sales, so they do not represent an immediate cash investment or divestment by the insider. Because these RSUs are redeemable only after Cohn leaves the board, they do not result in immediate share transfers to the insider. This filing is informational and routine for director compensation; it should not be read as a direct buy or sell signal.