4Filed Aug 3, 8:00 PM ET
Global Water Resources (GWRS) Director Alexander Richard Receives RSU Award
$GWRS · Global Water Resources, Inc.Research Summary
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Global Water Resources (GWRS) Director Alexander Richard Receives RSU Award
What Happened
- Alexander Richard M, a director of Global Water Resources, was granted 69 restricted stock units (RSUs) on July 31, 2026. The Form 4 reports this as a derivative award (transaction code A) with an acquisition price of $0 and a reported value of $0. The award is compensation-related rather than an open-market purchase or sale.
Key Details
- Transaction date: July 31, 2026; Form 4 filed August 4, 2026 (filed within the 2-business-day requirement).
- Security: 69 RSUs (derivative security); reported acquisition price: $0; total reported value: $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU equals the economic equivalent of one common share. F2 — the RSUs are fully vested upon 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 the 10-K).
Context
- RSU grants are a form of compensation for directors; because these RSUs are vested but not redeemable until departure from the board, they do not represent immediately tradable shares. This is an award (not a market purchase or sale) and should be viewed as compensation-related disclosure rather than an immediate market signal.