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Global Water Resources (GWRS) director receives fully vested RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cohn Andrew M. reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director Andrew M. Cohn received a grant of 5 restricted stock units on February 27, 2026. Each RSU represents the economic equivalent of one share of common stock and was fully vested at the time of grant.

Following this award, Cohn directly holds 1,710 restricted stock units. The RSUs may only be redeemed when he ceases to be a director of the company, with additional redemption terms set out in the company’s omnibus plans referenced in its latest Form 10-K.

Positive

  • None.

Negative

  • None.
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)
02/27/2026
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
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
Restricted Stock Units (1) 02/27/2026 A 5 (2) (2) Common Stock 5 $0 1,710 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
2. 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.
Remarks:
/s/ Suzette Prante, attorney-in-fact 03/03/2026
** 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.

FAQ

What insider transaction did Global Water Resources (GWRS) report for Andrew M. Cohn?

Global Water Resources reported that director Andrew M. Cohn received a grant of 5 restricted stock units. These units were awarded on February 27, 2026 and are the economic equivalent of 5 shares of the company’s common stock, fully vested upon grant.

How many restricted stock units does Andrew M. Cohn hold after this GWRS Form 4?

After the February 27, 2026 grant, Andrew M. Cohn directly holds 1,710 restricted stock units. Each RSU is economically equivalent to one share of Global Water Resources common stock, providing equity-based compensation aligned with the company’s share performance over time.

Are the restricted stock units granted to Andrew M. Cohn in GWRS fully vested?

Yes, the restricted stock units granted to Andrew M. Cohn are fully vested upon grant. Although vested immediately, these RSUs can only be redeemed when he ceases to be a director, according to the company’s omnibus plans referenced in its most recent Form 10-K.

When can Andrew M. Cohn redeem his Global Water Resources restricted stock units?

Andrew M. Cohn may redeem his restricted stock units only when he ceases to be a director of Global Water Resources. The detailed redemption requirements are set out in the company’s omnibus plans, which are incorporated by reference in its latest filed Form 10-K.

What does each restricted stock unit in the GWRS Form 4 represent?

Each restricted stock unit represents the economic equivalent of one share of Global Water Resources common stock. This means the RSUs track the value of the company’s shares, providing equity-based compensation without immediate share issuance until redemption conditions are met.
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