4Filed Aug 3, 8:00 PM ET
Global Water (GWRS) VP Jonathan Corwin Receives RSU Award (2)
$GWRS · Global Water Resources, Inc.Research Summary
AI-generated summary of this SEC filing
Global Water (GWRS) VP Jonathan Corwin Receives RSU Award (2)
What Happened
- Jonathan C. Corwin, Vice President of Global Water Resources, Inc. (GWRS), received a grant of 2 restricted stock units (RSUs) on July 31, 2026. The Form 4 reports the acquisition as 2 derivative units at $0.00 (award/grant), meaning no cash was paid by the insider for these units. RSUs are recorded as the economic equivalent of common shares and will convert to shares upon vesting.
Key Details
- Transaction date: 2026-07-31; Filing date: 2026-08-04 (filed within the required 2 business days).
- Reported acquisition: 2 RSUs at $0.00 (derivative award).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: (F1) Each RSU equals one share of common stock. (F2) RSUs are exercisable at vesting and have no set expiration date.
- Transaction type code: A = Award/Grant (derivative).
Context
- RSU grants are typically compensation and don't reflect an out‑of‑pocket purchase by the insider. They become actual shares only upon vesting, so they are not an immediate buy/sell signal. Such awards can lead to future share issuance (dilution) when they vest and convert to common stock.