Global Water Resources (GWRS) COO receives 6,719 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krygier Christopher D reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. reported that its Chief Operating Officer, Christopher D. Krygier, received a grant of 6,719 restricted stock units (RSUs). Each RSU is economically equivalent to one share of common stock and vests ratably over 12 quarters from the grant date.
After this award, Krygier holds a total of 11,719 RSUs, which includes prior grants with different vesting schedules, as previously reported. The RSUs are exercisable at the time of vesting and do not have a set expiration date, highlighting ongoing equity-based compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krygier Christopher D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,719 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,719 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 vest ratably over 12 quarters from the grant date, are exercisable at time of vesting and do not have a set expiration date. The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
FAQ
What insider transaction did Global Water Resources (GWRS) report in this Form 4?
Global Water Resources reported that COO Christopher D. Krygier received a grant of 6,719 restricted stock units. These RSUs are compensation-based awards, not open-market purchases, and increase his total RSU holdings as part of the company’s long-term equity incentive program.
How many restricted stock units does the GWRS COO hold after this grant?
After the grant, the COO holds a total of 11,719 restricted stock units. This figure combines the new 6,719-unit award with prior RSU grants, which have different vesting and expiration characteristics as previously reported in earlier ownership filings.
What are the key terms of the restricted stock units granted to the GWRS COO?
Each RSU is economically equivalent to one share of Global Water Resources common stock. The units vest ratably over 12 quarters from the grant date, become exercisable as they vest, and do not carry a fixed expiration date according to the disclosure footnotes.