Director adds Global Water Resources (GWRS) shares in Form 4 filing

Rhea-AI Filing Summary

Global Water Resources director Andrew M. Cohn increased his holdings in the company’s common stock. On March 13, 2026, he made an open-market purchase of 18,305 shares at $7.20 per share. This raised his directly held position to 2,560,984.437 shares.

On March 11, 2026, he also acquired 950 shares as a grant of restricted stock that, according to the disclosure, was fully vested when granted. In addition to his direct ownership, Cohn has shared voting and dispositive power over 42,150 shares held by his children, reported as indirect ownership by family relationship.

Insider Trade Summary

Net Buyer: 18,305 shares ($131,796)

Net Buy 3 txns

Insider Cohn Andrew M.

Role Director

Bought 18,305 shs ($132K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	18,305	$7.20	$132K
Grant/Award	Common Stock	950	$7.50	$7K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,560,984.437 shares (Direct); Common Stock — 42,150 shares (Indirect, By family relationship)

Footnotes (1)

1. Shares represent restricted stock awarded which are fully vested when granted. The reporting person has shared voting and dispositive power of the shares owned by his children.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cohn Andrew M.

(Last) (First) (Middle)

2801 EAST CAMELBACK ROAD, #450

(Street)

PHOENIX AZ 85016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Global Water Resources, Inc. [ GWRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		A		950(1)	A	$7.5	2,542,679.437	D
Common Stock	03/13/2026		P		18,305	A	$7.2	2,560,984.437	D
Common Stock								42,150	I	By family relationship(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares represent restricted stock awarded which are fully vested when granted.

2. The reporting person has shared voting and dispositive power of the shares owned by his children.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Global Water Resources (GWRS) report for Andrew M. Cohn?

Andrew M. Cohn reported both a share purchase and an equity grant. He bought 18,305 Global Water Resources common shares at $7.20 and received 950 fully vested restricted shares, increasing his direct and indirect ownership positions in the company.

How many Global Water Resources (GWRS) shares did Andrew M. Cohn buy on the open market?

Andrew M. Cohn purchased 18,305 common shares in an open-market transaction. The shares were bought at a price of $7.20 each, as disclosed in the Form 4 filing for Global Water Resources.

What was the size and nature of Andrew M. Cohn’s stock award from Global Water Resources (GWRS)?

Cohn received an award of 950 restricted Global Water Resources shares. The filing states these restricted shares were fully vested when granted, meaning he did not need to meet future service or performance conditions to own them outright.

What is Andrew M. Cohn’s total direct shareholding in Global Water Resources (GWRS) after these transactions?

Following the reported transactions, Cohn directly owns 2,560,984.437 shares. This total reflects both the 18,305 shares purchased at $7.20 and the 950 fully vested restricted shares granted on March 11, 2026.

Does Andrew M. Cohn have any indirect ownership of Global Water Resources (GWRS) shares?

Yes, Cohn has indirect ownership through his children. The filing reports 42,150 shares held by his children, and states he has shared voting and dispositive power over those shares due to the family relationship.

What does shared voting and dispositive power mean in Andrew M. Cohn’s Global Water Resources (GWRS) filing?

Shared voting and dispositive power means Cohn shares control over the children’s shares. According to the footnote, he shares authority to vote and decide on the sale or transfer of 42,150 indirectly held shares.