Consolidated Water (CWCO) Rule 144 Notice for 4,755-Share Sale

Rhea-AI Filing Summary

Form 144 notice for Consolidated Water Co. Inc. (CWCO) reports a proposed sale of 4,755 shares of common stock through Raymond James & Associates on 08/20/2025 on Nasdaq. The filing shows those shares have an aggregate market value of 154,062 and that the company has 15,926,801 shares outstanding, so the proposed sale represents a small fraction of total equity. The securities being sold were acquired as director compensation in two grants dated 12/12/2023 (3,094 shares) and 12/17/2024 (1,661 shares). The filer certifies no undisclosed material adverse information.

Positive

• Transparent disclosure of an insider sale under Rule 144 including broker, share count, aggregate value, and acquisition details
• Insignificant relative size: 4,755 shares versus 15,926,801 outstanding indicates a de minimis impact on capital structure
• Acquisitions were compensation-based, not undisclosed private transactions, which clarifies the origin of shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider plans to sell a small block of compensation-originated shares; minimal market impact.

The filing documents an intended sale of 4,755 common shares by a person who received the shares as director compensation. At an aggregate market value of 154,062 versus 15,926,801 shares outstanding, the quantity is immaterial to capital structure and unlikely to affect liquidity or share price materially. Disclosure is routine under Rule 144 and provides transparency on insider transactions. There is no contemporaneous information in the filing about other dispositions in the prior three months.

Corporate Governance Expert

TL;DR: The notice is a standard compliance filing noting compensation-derived shares being sold; governance implications are limited.

The document shows the issuer's director received equity as compensation and now seeks to sell a portion under Rule 144. The representation that no material nonpublic information is known is standard and relevant for insider trading compliance. The acquisition dates and nature of acquisition are disclosed, which supports proper insider reporting and board transparency. No governance concerns are raised by the filing itself.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Raymond James & Associates, Inc. 880 Carillon Parkway St. Petersburg FL 33716	4755	154062	15926801	08/20/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	12/12/2023	Director's Compensation	Consolidated Water Co. Ltd.			3094	12/12/2023	Income
Common Stock	12/17/2024	Director's Compensation	Consolidated Water Co. Ltd.			1661	12/17/2024	Income

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CWCO Form 144 disclose about the planned sale?

The notice reports a proposed sale of 4,755 CWCO common shares through Raymond James on 08/20/2025 with an aggregate market value of 154,062.

How many CWCO shares are outstanding and what percentage does the sale represent?

The filing states 15,926,801 shares outstanding. The 4,755-share sale represents a very small fraction of outstanding equity.

How were the shares being sold originally acquired according to the filing?

The shares were acquired as director compensation in two grants dated 12/12/2023 (3,094 shares) and 12/17/2024 (1,661 shares).

Does the filing report any other sales by the person in the past three months?

The filing indicates Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Who is the broker handling the sale in the CWCO Form 144?

The broker listed is Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg FL 33716 and the sale is reported for the Nasdaq exchange.