Global Water (NASDAQ: GWRS) director buys 139K shares

Rhea-AI Filing Summary

Global Water Resources, Inc. (GWRS) director Andrew M. Cohn reported acquiring 139,343 shares of common stock in a purchase on August 20, 2026 at $8.85 per share. On August 19, 2026 he also received an award of 800 shares of restricted stock at $8.91 per share, which the company states were fully vested when granted.

Separate from these direct holdings, Cohn reports 42,150 shares of common stock held indirectly by family relationship, with shared voting and dispositive power over shares owned by his children.

Insider Trade Summary

Net Buyer: 140,143 shares

Net Buy 3 txns

Insider Cohn Andrew M.

Role Director

Bought 139,343 shs ($1.23M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	139,343	$8.85	$1.23M
Grant/Award	Common Stock F1	800	$8.91	$7K
holding	Common Stock F2	--	--	--

Holdings After Transaction: Common Stock — 2,701,350.437 shares (Direct); Common Stock — 42,150 shares (Indirect, By family relationship)

Footnotes (2)

1. F1. Shares represent restricted stock awarded which are fully vested when granted.
2. F2. The reporting person has shared voting and dispositive power of the shares owned by his children.

Key Figures

Common stock purchased: 139,343 shares Purchase price per share: $8.85 per share Restricted stock award: 800 shares +2 more

5 metrics

Common stock purchased 139,343 shares Purchase on August 20, 2026 by director Andrew M. Cohn

Purchase price per share $8.85 per share Price for 139,343-share common stock purchase on August 20, 2026

Restricted stock award 800 shares Fully vested restricted stock granted on August 19, 2026

Award price per share $8.91 per share Reference price for 800-share restricted stock award on August 19, 2026

Indirectly held shares 42,150 shares Indirect holdings by family relationship with shared voting and dispositive power

Key Terms

restricted stock, fully vested, shared voting and dispositive power, indirect

4 terms

restricted stock financial

"Shares represent restricted stock awarded which are fully vested"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

fully vested financial

"restricted stock awarded which are fully vested when granted"

shared voting and dispositive power financial

"has shared voting and dispositive power of the shares owned"

indirect financial

"total_shares_following_transaction 42,150.0000 direct_or_indirect I"

FAQ

What insider transactions did GWRS director Andrew M. Cohn report on this Form 4?

Andrew M. Cohn reported purchasing 139,343 GWRS common shares on August 20, 2026 and receiving an award of 800 restricted shares on August 19, 2026. He also reported 42,150 shares held indirectly by family relationship with shared voting and dispositive power.

How many GWRS shares did Andrew M. Cohn buy and at what price?

On August 20, 2026, Andrew M. Cohn purchased 139,343 shares of Global Water Resources, Inc. common stock at a price of $8.85 per share in an open market or private transaction, as indicated by transaction code P.

What is the nature of the 800-share award reported by GWRS director Andrew M. Cohn?

Andrew M. Cohn received 800 shares of restricted stock of GWRS on August 19, 2026 at $8.91 per share. A footnote states these shares represent restricted stock awarded which are fully vested when granted, making them immediately vested upon issuance.

What indirect GWRS shareholdings did Andrew M. Cohn disclose?

Andrew M. Cohn disclosed 42,150 GWRS common shares held indirectly as of August 19, 2026, identified as held by family relationship. A footnote states he has shared voting and dispositive power over the shares owned by his children.

Were Andrew M. Cohn’s GWRS transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. Based on the filing, the reported purchase and restricted stock award are not identified as being made pursuant to a Rule 10b5-1 plan.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 07:15 PM Accepted by SEC EDGAR 08/21/2026 - 07:14 PM Learn about SEC filing dates

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 ARIZONA 85016

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

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

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

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

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	08/20/2026		P		139,343	A	$8.85	2,701,350.437	D
Common Stock	08/19/2026		A		800(1)	A	$8.91	2,702,150.437	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	08/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)