Global Water Resources, Inc. (GWRS) director granted fully vested RSUs

Rhea-AI Filing Summary

Cohn Andrew M. reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director Andrew M. Cohn received a grant of 6 restricted stock units on March 31, 2026. Each RSU is the economic equivalent of one share of common stock and is fully vested upon grant. The RSUs may be redeemed only when he ceases to be a director, and this grant brings his directly held RSU-based interest to 1,716 underlying common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cohn Andrew M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	6	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,716 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.

Key Figures

RSUs granted: 6 units Price per RSU: $0.00 Total holdings after grant: 1,716 units

3 metrics

RSUs granted 6 units Restricted Stock Units granted on March 31, 2026

Price per RSU $0.00 Grant, award, or other acquisition (compensation)

Total holdings after grant 1,716 units RSUs/underlying common shares following the transaction

Key Terms

Restricted Stock Units, economic equivalent, Omnibus plans

3 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") is the economic equivalent of one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

economic equivalent financial

"Each restricted stock unit ("RSU") is the economic equivalent of one share"

Omnibus plans financial

"Redemption requirements are detailed within the Omnibus plans incorporated by reference"

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 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)
03/31/2026

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

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
Restricted Stock Units	(1)	03/31/2026		A		6		(2)	(2)	Common Stock	6	$0	1,716	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

2. The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	04/02/2026
	** 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)

FAQ

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

Global Water Resources reported that director Andrew M. Cohn received a grant of 6 restricted stock units on March 31, 2026. These RSUs are fully vested upon grant and each unit represents the economic equivalent of one share of the company’s common stock.

How many Global Water Resources RSUs does Andrew M. Cohn hold after this grant?

After the March 31, 2026 RSU grant, Andrew M. Cohn holds a total of 1,716 restricted stock units or underlying common shares. This figure reflects his direct ownership reported in the filing following the acquisition of 6 additional RSUs as director compensation.

When do Andrew M. Cohn’s Global Water Resources RSUs become redeemable?

Although the RSUs granted to Andrew M. Cohn are fully vested upon grant, they are only permitted to be redeemed when he ceases to be a director. The detailed redemption requirements are contained in the company’s Omnibus plans referenced in its latest filed annual report.

What does each Global Water Resources RSU granted to Andrew M. Cohn represent?

Each restricted stock unit granted to Andrew M. Cohn is the economic equivalent of one share of Global Water Resources common stock. This means his 6 newly granted RSUs correspond to 6 underlying common shares, aligning director compensation directly with the company’s equity.

Was Andrew M. Cohn’s RSU grant in Global Water Resources an open-market purchase?

No, the acquisition was reported as a grant or award of restricted stock units rather than an open-market purchase. The transaction code “A” indicates a grant, and the price per share is shown as zero, consistent with equity-based director compensation awarded by the company.