Global Water (GWRS) director granted fully vested RSUs tied to board tenure
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huckelbridge Brett reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources director Brett Huckelbridge received a grant of 59 restricted stock units (RSUs). Each RSU is the economic equivalent of one share of common stock and this award is fully vested upon grant. The RSUs may be redeemed only when he ceases to be a director, as outlined in the company’s omnibus plans. Following this grant, Huckelbridge has 12,058 RSUs recorded in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huckelbridge Brett
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 59 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,058 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 are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.
Key Figures
RSUs granted: 59 units
Holdings after grant: 12,058 units
RSU-to-share ratio: 1:1
3 metrics
RSUs granted
59 units
Restricted stock unit award to director on June 30, 2026
Holdings after grant
12,058 units
Total restricted stock units held after this transaction
RSU-to-share ratio
1:1
Each RSU equals one share of common stock economically
Key Terms
Restricted Stock Units, RSU, Omnibus plans
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Omnibus plans financial
"Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K"
FAQ
What insider transaction did Global Water Resources (GWRS) report for Brett Huckelbridge?
Global Water Resources reported a grant of 59 restricted stock units to director Brett Huckelbridge. These RSUs are compensation, not an open-market purchase or sale, and increase his equity-based holdings recorded in this filing to 12,058 units.
Are the RSUs granted to the GWRS director immediately vested?
Yes, the 59 restricted stock units granted to the director are fully vested upon grant. Although vested, they can only be redeemed when he ceases to be a director, according to the company’s omnibus plans referenced in the latest Form 10-K.
How many Global Water Resources equity units does Brett Huckelbridge hold after this Form 4?
After this Form 4 transaction, Brett Huckelbridge is shown holding 12,058 restricted stock units. Each unit is economically equivalent to one share of Global Water Resources common stock, reflecting his accumulated equity-based director compensation in this filing.
Do the RSUs granted to the GWRS director carry the same value as common stock?
Each restricted stock unit granted to the director is economically equivalent to one share of Global Water Resources common stock. This means the RSUs track the value of common shares, although settlement occurs only upon the director’s departure from the board.
When can the GWRS director redeem the restricted stock units reported in this Form 4?
The director can redeem the restricted stock units only when he ceases to be a director of Global Water Resources. The specific redemption requirements and mechanics are detailed in the company’s omnibus incentive plans, incorporated by reference in its latest Form 10-K.