[Form 4] Global Water Resources, Inc. Insider Trading Activity

Rhea-AI Filing Summary

First United Corporation (Nasdaq: FUNC) filed a Form 8-K dated June 18, 2025 reporting that its Board of Directors declared a cash dividend of $0.22 per common share. The dividend will be payable on August 1, 2025 to shareholders of record as of July 18, 2025. A press release containing the same information was furnished as Exhibit 99.1.

No additional financial metrics, earnings updates or strategic actions were disclosed. The announcement therefore indicates continuity of the company’s shareholder-return policy but provides limited insight into payout sustainability, earnings coverage or future capital allocation plans.

Positive

• Maintains $0.22 cash dividend, signaling continued cash-flow stability and commitment to shareholder returns.

Negative

• None.

Insights

Dividend Analyst

TL;DR: Routine $0.22 dividend confirms FUNC’s ongoing payout; modestly positive signal, but no new financial details provided.

The declaration keeps First United’s per-share dividend unchanged at $0.22, reinforcing management’s commitment to regular cash returns. While supportive for income-oriented investors, the filing lacks data on payout ratio, earnings trend or capital needs, preventing assessment of long-term sustainability. Given the absence of other material developments, the impact on valuation is likely neutral.

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 AZ 85016

(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)
10/31/2024

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	10/31/2024		A		637.152	A	$12.5872	2,381,235.152	D
Common Stock	11/30/2024		A		610.676	A	$13.1591	2,381,845.828	D
Common Stock	12/31/2024		A		709.543	A	$11.4602	2,382,555.371	D
Common Stock	01/31/2025		A		692.335	A	$11.771	2,383,247.706	D
Common Stock	02/28/2025		A		718.953	A	$11.3596	2,383,966.659	D
Common Stock	03/31/2025		A		790.981	A	$10.3482	2,384,757.64	D
Common Stock	04/30/2025		A		1,389.797	A	$10.4968	2,386,147.437	D
Common Stock								42,150	I	By family relationship(1)

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. The reporting person has shared voting and dispositive power of the shares owned by his children.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	06/20/2025
	** 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 dividend did First United Corp (FUNC) declare?

$0.22 per common share cash dividend.

When is the record date for FUNC’s newly declared dividend?

Shareholders must be on record by July 18, 2025 to receive the payout.

When will the $0.22 dividend be paid to shareholders?

The dividend is scheduled for payment on August 1, 2025.

Did the Form 8-K include earnings or financial guidance?

No. The filing only disclosed the dividend declaration; no earnings or guidance were provided.

Where can investors access the official press release?

The press release is attached as Exhibit 99.1 to the Form 8-K filing.