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Global Water Resources (GWRS) director receives 1,380-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steele Christa reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director Christa Steele received a grant of 1,380 shares of common stock on March 11, 2026. The filing states these shares are restricted stock that are fully vested when granted, so she owns them outright immediately. After this award, she holds 1,380 common shares directly.

Positive

  • None.

Negative

  • None.
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*
Steele Christa

(Last) (First) (Middle)
C/O GLOBAL WATER RESOURCES
21410 N 19TH AVE, STE 220

(Street)
PHOENIX AZ 85027

(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 1,380(1) A $7.5 1,380 D
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.
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 did Global Water Resources (GWRS) disclose in this Form 4?

Global Water Resources reported that director Christa Steele received 1,380 shares of common stock as a fully vested restricted stock award on March 11, 2026, increasing her direct holdings to 1,380 shares following the transaction.

Was the GWRS insider transaction a stock purchase or a grant?

The transaction was a grant, not an open-market purchase. Christa Steele received 1,380 shares as a restricted stock award classified as a grant or other acquisition, rather than buying shares in the market.

How many GWRS shares does director Christa Steele own after this grant?

After the grant, Christa Steele holds 1,380 shares of Global Water Resources common stock directly. The Form 4 indicates that this total reflects her position following the fully vested restricted stock award on March 11, 2026.

Are the GWRS restricted stock shares subject to vesting conditions?

The restricted stock shares are fully vested upon grant. The footnote explains that the 1,380 awarded shares of restricted stock are completely vested when granted, meaning Christa Steele has full ownership immediately with no future vesting schedule.

Did Christa Steele sell any Global Water Resources (GWRS) shares in this filing?

No sales were reported. The Form 4 shows only an acquisition via a restricted stock grant of 1,380 shares, with no dispositions or sales, and lists a single acquire-type transaction for Global Water Resources common stock.
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