What price per share was used in the Global Water Resources (GWRS) insider grant to Steven D. Brill?

The Form 4 shows a price of $7.07 per share for both the 2,000-share grant and the 598-share tax withholding disposition. This figure represents the fair value used for the restricted stock award and the related tax-share settlement, not an open-market trade price.

Global Water Resources (GWRS) VP gets 2,000-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Global Water Resources, Inc. reported insider equity compensation activity for VP of IT Operations Steven D. Brill. On May 8, 2026, he received a grant of 2,000 shares of Common Stock at $7.07 per share as a restricted stock award that vested the same day.

To cover the related tax withholding obligation, 598 shares were disposed of by delivering shares back, rather than through an open-market sale. After these transactions, Brill directly holds 5,487.8754 shares of Global Water Resources common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Brill Steven D.

Role VP of IT Operations

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,000	$7.07	$14K
Tax Withholding	Common Stock	598	$7.07	$4K

Holdings After Transaction: Common Stock — 5,487.875 shares (Direct, null)

Footnotes (1)

Shares represent restricted shares that vested on May 8, 2026. Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,000 restricted shares.

Key Figures

Restricted stock grant: 2,000 shares Tax withholding shares: 598 shares Post-transaction holdings: 5,487.8754 shares +1 more

4 metrics

Restricted stock grant 2,000 shares Common Stock award to VP on May 8, 2026 at $7.07

Tax withholding shares 598 shares Shares delivered to satisfy tax obligation on vesting

Post-transaction holdings 5,487.8754 shares Common Stock directly held after Form 4 transactions

Reference price per share $7.07 per share Used for both grant and tax withholding disposition

Key Terms

restricted shares, tax withholding obligation, Form 4, grant, award, or other acquisition

4 terms

restricted shares financial

"Shares represent restricted shares that vested on May 8, 2026."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

tax withholding obligation financial

"Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,000 restricted shares."

Form 4 regulatory

"After this Form 4, Brill directly holds 5,487.8754 common shares."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant, award, or other acquisition financial

"Transaction code A is described as Grant, award, or other acquisition."

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Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 08:18 PM

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^*

Brill Steven D.

(Last)

(First)

(Middle)

21410 N 19TH AVE

SUITE 220

(Street)

PHOENIX

ARIZONA

85027

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Global Water Resources, Inc. [ GWRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP of IT Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		A		2,000	A⁽¹⁾	$7.07	5,487.8754	D
Common Stock	05/08/2026		F		598	D⁽²⁾	$7.07	4,889.8754	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares represent restricted shares that vested on May 8, 2026.

2. Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,000 restricted shares.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider stock transactions did Global Water Resources (GWRS) report for Steven D. Brill?

Global Water Resources reported that VP of IT Operations Steven D. Brill received a grant of 2,000 common shares on May 8, 2026, with 598 shares withheld to cover tax obligations. Following these compensation-related transactions, he directly holds 5,487.8754 common shares.

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

The reported Global Water Resources insider activity was compensation-related, not an open-market trade. Steven D. Brill received 2,000 restricted shares and 598 shares were withheld to satisfy tax obligations tied to vesting, rather than being sold on the open market.

How many Global Water Resources (GWRS) shares does Steven D. Brill hold after this Form 4 filing?

After the reported transactions, Steven D. Brill directly holds 5,487.8754 Global Water Resources common shares. This reflects the 2,000-share restricted stock grant on May 8, 2026, net of 598 shares withheld to meet associated tax withholding obligations on the vesting.

What does the tax withholding disposition mean in the Global Water Resources (GWRS) Form 4?

The tax withholding disposition means 598 of the vested restricted shares were delivered to satisfy Brill’s tax obligation. Instead of selling shares in the market, a portion of the 2,000-share award was withheld, which is a common, mechanical method of handling equity award taxes.