Global Water (GWRS) Director Andrew M. Cohn Receives RSU Award

What Happened

• Andrew M. Cohn, a director of Global Water Resources, Inc. (GWRS), was granted 6 restricted stock units (RSUs) on 2026-07-31. The Form 4 reports the award as 6 units at $0.00 (derivative grant). The RSUs are listed as fully vested upon grant; however, they can only be redeemed once he ceases to be a director per the company’s omnibus plan terms.

Key Details

• Transaction date and filing: Grant date 2026-07-31; Form 4 filed 2026-08-04 (filed within the SEC’s two-business-day window).
• Quantity and price: 6 RSUs granted, reported at $0.00 per unit on the Form 4 (derivative award).
• Shares owned after transaction: Not specified on the reported Form 4.
• Notable footnotes:
  • F1: Each RSU equals the economic equivalent of one share of GWRS common stock.
  • F2: RSUs are fully vested on grant but only redeemable upon the reporting person ceasing to be a director; redemption provisions are in the company’s omnibus plans (see latest 10-K).
• No sale or purchase of shares occurred; this was an award/grant of compensation.

Context

• RSUs are a form of compensation; because these RSUs are not redeemable while Cohn remains a director, they cannot be sold or used as an immediate signal of insider conviction. The small size (6 units) suggests routine board compensation rather than a material ownership change.