4Filed Sep 1, 8:00 PM ET
Global Water Resources Director Brett Huckelbridge Receives 47 RSUs
$GWRS · Global Water Resources, Inc.Research Summary
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Global Water Resources Director Brett Huckelbridge Receives 47 RSUs
What Happened
- Brett Huckelbridge, a director of Global Water Resources, Inc. (GWRS), received a grant of 47 restricted stock units (RSUs) on 2026-08-31. The Form 4 lists the grant as a derivative award (code A) with a reported price of $0.00.
- These RSUs are the economic equivalent of 47 shares of common stock and are fully vested on grant. They are not immediately issued as shares; redemption is permitted only when the reporting person ceases to be a director per the company’s Omnibus plans.
Key Details
- Transaction date: 2026-08-31; Form 4 filed: 2026-09-02.
- Grant: 47 RSUs (derivative), reported at $0.00 per unit.
- Shares owned after transaction: not specified in this filing.
- Footnotes: (1) Each RSU equals one share economically. (2) RSUs fully vested at grant but are redeemable only upon the director’s departure; redemption terms are in the Omnibus plans referenced in the company’s 10‑K.
- Filing timeliness: Form 4 was filed on 2026-09-02 reporting the 8/31 grant; this appears within the typical two-business-day reporting window.
Context
- RSU grants are a form of compensation, not an open‑market buy or sell; they do not necessarily signal immediate buying or selling intent. Because these units are redeemable only upon leaving the board, they function more like deferred or retention compensation than immediately tradable shares.