4Filed Aug 3, 8:00 PM ET
Global Water (GWRS) Director Brett Huckelbridge Receives RSU Award
$GWRS · Global Water Resources, Inc.Research Summary
AI-generated summary of this SEC filing
Global Water (GWRS) Director Brett Huckelbridge Receives RSU Award
What Happened
- Brett Huckelbridge, a director of Global Water Resources, Inc. (GWRS), was granted 60 restricted stock units (RSUs) on 2026-07-31. The grant is reported as a derivative award at $0.00 per unit (total reported value $0). The filing classifies this as an award/grant (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (appears timely under the two-business-day rule).
- Grant details: 60 RSUs reported; grant price shown as $0.00 (derivative award).
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: (F1) Each RSU equals the economic equivalent of one common share. (F2) The RSUs are fully vested at grant but are only redeemable upon the reporting person ceasing to be a director; redemption/settlement terms are governed by the company's Omnibus plans (see latest 10‑K).
Context
- RSU awards to directors are a common form of compensation and, in this case, act as deferred/contingent equity: the units are vested but not redeemable or marketable until the director leaves the board. Such awards are informational but differ from outright purchases (which may signal confidence) or immediate sales.