Global Water Resources (GWRS) Director Alexander Richard M Receives Award

What Happened

• Alexander Richard M, a director of Global Water Resources, received an award of 54 restricted stock units (RSUs) on 2026-08-31. The award is recorded at $0.00 per RSU (derivative grant), so there was no cash purchase or sale of shares in this filing.
• This transaction is an award/grant (A) of RSUs rather than an open-market buy or sale. RSUs are derivative equity awards that represent the economic equivalent of shares but were not converted to tradable stock per the filing.

Key Details

• Transaction date: 2026-08-31; Form 4 filed: 2026-09-02 (appears timely — within the usual 2-business-day reporting window).
• Transaction type: Grant/Award of 54 RSUs recorded at $0.00 each (derivative).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes:
  • F1 — Each RSU equals the economic equivalent of one share of GWRS common stock.
  • F2 — The RSUs are fully vested on grant but are only redeemable when the reporting person ceases to be a director (redemption terms governed by the Company’s Omnibus plans referenced in its 10‑K).

Context

• These RSUs do not represent an immediate purchase or sale of common stock and provide no immediate liquidity — they are a deferred/conditional equity award. Because they are fully vested but not redeemable until the director leaves the board, they should be viewed as compensation/retention-focused rather than an active trading signal.