Director at Global Water Resources (GWRS) receives grant of 43 fully vested RSUs

Rhea-AI Filing Summary

Rousseau David reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director David Rousseau received a grant of 43 restricted stock units, each equal to one share of common stock. The RSUs are fully vested on the grant date but can only be redeemed after he ceases to be a director. Following this award, he directly holds 12,132 restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rousseau David

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	43	$0.00	--

Holdings After Transaction: Restricted Stock Units — 12,132 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.

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^*

Rousseau David

(Last) (First) (Middle)

C/O GLOBAL WATER RESOURCES, INC.

21410 N 19TH AVE, SUITE #205

(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)
02/27/2026

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

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)	02/27/2026		A		43		(2)	(2)	Common Stock	43	$0	12,132	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	03/03/2026
	** 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 transaction did Global Water Resources (GWRS) report for David Rousseau?

Global Water Resources reported that director David Rousseau was granted 43 restricted stock units. These units are fully vested at grant and represent the economic equivalent of common shares, increasing his directly held restricted stock units to 12,132 after the transaction.

How many Global Water Resources (GWRS) restricted stock units does David Rousseau now hold?

After the reported grant, David Rousseau directly holds 12,132 restricted stock units. The filing shows an acquisition of 43 units, each economically equivalent to one share of Global Water Resources common stock, increasing his total derivative holdings to this post-transaction amount.

Are David Rousseau’s new GWRS restricted stock units immediately vested?

Yes, the restricted stock units granted to David Rousseau are fully vested upon grant. Although they vest immediately, they may only be redeemed when he ceases to be a director, as specified in the company’s Omnibus plans referenced in its latest Form 10-K.

What does each Global Water Resources (GWRS) restricted stock unit represent?

Each restricted stock unit granted to David Rousseau is the economic equivalent of one share of Global Water Resources common stock. This means the RSUs track the value of the underlying shares, with redemption terms governed by the company’s Omnibus plans referenced in its latest Form 10-K.

When can David Rousseau redeem his GWRS restricted stock units?

David Rousseau may redeem his restricted stock units only after he ceases to be a director of Global Water Resources. The filing states that redemption requirements are detailed in the company’s Omnibus plans, which are incorporated by reference in its most recent Form 10-K.

What type of Form 4 transaction did Global Water Resources (GWRS) disclose for David Rousseau?

The Form 4 discloses an acquisition coded as “A,” indicating a grant or award of derivative securities. Specifically, David Rousseau received 43 restricted stock units at a transaction price of $0.0000 per unit, reflecting a non-cash equity compensation award.