Director Brett Huckelbridge granted 46 RSUs at Global Water (GWRS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huckelbridge Brett reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources director Brett Huckelbridge reported receiving a grant of 46 restricted stock units, each equivalent to one share of common stock, at no cost. The RSUs are fully vested upon grant and may be redeemed only when he ceases to be a director, bringing his direct RSU holdings to 11,824.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huckelbridge Brett
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 46 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,824 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did Global Water Resources (GWRS) disclose on this Form 4?
Global Water Resources reported a Form 4 for director Brett Huckelbridge showing a grant of 46 restricted stock units. These RSUs are fully vested upon grant and each is economically equivalent to one share of the company’s common stock.
How many restricted stock units did Brett Huckelbridge receive from Global Water Resources (GWRS)?
Brett Huckelbridge received 46 restricted stock units from Global Water Resources. According to the filing, each RSU represents the economic equivalent of one share of common stock, and the grant increased his directly held RSUs to a total of 11,824 units.
What are the vesting terms of the RSUs granted to the Global Water Resources (GWRS) director?
The RSUs granted to the Global Water Resources director are fully vested upon grant. The filing states that each restricted stock unit is immediately vested when awarded, meaning there is no multi-year vesting schedule or additional service requirement for vesting.
When can the Global Water Resources (GWRS) director redeem the granted RSUs?
The director can redeem the RSUs only after ceasing to be a director of Global Water Resources. The filing explains that redemption is conditioned on the reporting person no longer serving on the board, with detailed requirements outlined in the company’s Omnibus plans.
Did the Global Water Resources (GWRS) Form 4 show any stock sales by the director?
The Form 4 shows no stock sales by the director; it reports an acquisition via grant of 46 RSUs. The transaction is coded as a grant, award, or other acquisition, and there are no reported sell transactions in the summarized data.