Global Water Resources Form 4: Director awarded 1,067 vested restricted shares

Rhea-AI Filing Summary

Global Water Resources director Debra Coy acquired 1,067 shares of the company's common stock on 08/20/2025 at a reported price of $9.70 per share. The shares are described as restricted stock that are fully vested when granted. Following the transaction, the reporting person is shown as beneficially owning 23,303.203 shares. The Form 4 was signed on 08/22/2025 by an attorney-in-fact and identifies the reporting person as a director of Global Water Resources (GWRS). The filing indicates this was a single non-derivative acquisition by one reporting person.

Positive

• Director acquisition recorded: Debra Coy was issued 1,067 restricted shares that are fully vested when granted, showing alignment with equity compensation practices.

Negative

• None.

Insights

Securities Analyst

TL;DR: A director received 1,067 fully vested restricted shares at $9.70, increasing reported beneficial ownership to 23,303.203 shares.

The Form 4 documents a straightforward non-derivative acquisition by a company director rather than an open-market purchase.

This is a routine insider reporting item showing issuance/award of restricted stock that vested at grant and does not disclose additional cash compensation or plan details. The absolute size of the grant (1,067 shares) should be evaluated relative to the director's total holdings and the company's outstanding shares—information not provided in this filing.

Corporate Governance Expert

TL;DR: Filing records a director-level equity award fully vested on grant; procedural disclosure meets Section 16 requirements.

The disclosure identifies the reporting person as a director and reports the restricted stock award and resulting beneficial ownership precisely as required. The form includes the required signature by an attorney-in-fact and the transaction date.

No governance concerns or deviations from standard Form 4 practice are evident in the provided content.

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
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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^*

COY DEBRA

(Last) (First) (Middle)

6600 PLANTATION RD

(Street)

FREDERICK MD 21701

(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)
08/20/2025

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	08/20/2025		A		1,067(1)	A	$9.7	23,303.203	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	08/22/2025
	** 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 transaction did GWRS director Debra Coy report on Form 4?

Debra Coy reported the acquisition of 1,067 shares of Global Water Resources common stock on 08/20/2025 at a reported price of $9.70 per share.

Are the shares acquired by Debra Coy restricted or unrestricted?

The filing states the shares are restricted stock that are fully vested when granted.

How many shares does the reporting person beneficially own after the transaction?

Following the reported transaction, the filing shows beneficial ownership of 23,303.203 shares.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Suzette Prante, attorney-in-fact, on 08/22/2025.

Was this a joint filing or filed by one reporting person?

The form indicates it was filed by one reporting person.