Director at Global Water Resources (GWRS) receives fully vested 1,375-share award

Rhea-AI Filing Summary

Global Water Resources, Inc. director David Rousseau reported an automatic acquisition of 1,375 shares of common stock on restricted basis at $7.50 per share. The footnotes state these shares are restricted stock that is fully vested when granted, indicating a compensation-related award rather than an open-market purchase. Following this grant, Rousseau directly holds 8,072 shares of Global Water Resources common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rousseau David

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,375	$7.50	$10K

Holdings After Transaction: Common Stock — 8,072 shares (Direct)

Footnotes (1)

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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)
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		1,375(1)	A	$7.5	8,072	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 insider transaction did Global Water Resources (GWRS) director David Rousseau report?

Director David Rousseau reported receiving 1,375 shares of Global Water Resources common stock. The transaction is coded as a grant or award, reflecting a compensation-related acquisition rather than an open-market trade, and increases his directly held position in the company.

Was the Global Water Resources (GWRS) insider transaction an open-market buy or a stock award?

The transaction was a stock award, not an open-market buy. It is coded as an acquisition via grant or award, and the footnote clarifies these are restricted shares that are fully vested when granted, indicating compensation rather than discretionary purchasing activity.

How many Global Water Resources (GWRS) shares does David Rousseau hold after this transaction?

After the reported grant, David Rousseau directly holds 8,072 shares of Global Water Resources common stock. This total includes the 1,375 restricted shares awarded on the transaction date, as reflected in the post-transaction holdings disclosed in the filing data.

What is the nature of the restricted stock granted to Global Water Resources (GWRS) director David Rousseau?

The filing notes that the shares represent restricted stock that is fully vested when granted. This means Rousseau receives immediate vesting upon award, aligning the compensation directly with Global Water Resources equity rather than subjecting it to a future vesting schedule.

Does the Global Water Resources (GWRS) Form 4 show any insider sales by David Rousseau?

The Form 4 shows no insider sales by David Rousseau. It reports one acquisition transaction, a fully vested restricted stock award of 1,375 shares, with no dispositions, exercises, gifts, or tax-withholding sales disclosed in the summarized transaction data.